AltShares Merger Arbitrage ETF
ALTAR
Score™		 2.7% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 28.9x 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) $226
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 91
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
EXACT SCIENCES CORP 24.0 %
UDEMY, INC. 4.9 %
JDE PEET'S NV ADR 2.9 %
CONFLUENT INC-CLASS A 2.8 %
RAPT THERAPEUTICS INC ORDINARY SHA 2.2 %
ONESTREAM INC CLASS A COMMON STOCK 2.1 %
WARNER BROS. DISCOVERY, INC. SERIE 1.6 %
FORGE GLOBAL HOLDINGS INC 1.5 %
JTC PLC ORDINARY SHARES 1.5 %
CLEARWATER AN-A 1.3 %
Total 44.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 66.5 %
CANADA 1.9 %
BRITAIN 1.8 %
ITALY 1.1 %
SPAIN 0.4 %
FRANCE 0.3 %
GERMANY 0.2 %
NETHERLANDS 0.2 %
DENMARK 0.2 %


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.
2.3% 3.2% 4.1% -- 4.1%

Market Correlations
versus... Beta R-squared
S&P500 0.08 9%
MSCI EAFE 0.05 4%
MSCI Emg. Mkts. 0.02 2%

Technical Indicators
Recent close $29.79
30d moving avg. $29.66
Annualized volatility 3.1%
Short interest (ETF) 0.4%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 12
Turnover 0.2%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $5,020

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 739 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™: 2.7%


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 4.1 45 32 2.5 -0.2
ANEW ProShares MSCI Transformational Changes ETF 3.8 45 32 4.3 +1.6
CSA VictoryShares US Small Cap Volatility Wtd ETF 3.0 35 42 6.8 +4.1
FCOM Fidelity MSCI Communication Services Index ETF 2.9 8 69 4.7 +2.0
VOX Vanguard Communication Services ETF 2.9 9 68 4.6 +2.0
FFSM Fidelity Fundamental Small-Mid Cap ETF 2.9 43 34 5.1 +2.4
RSPC Invesco S&P 500 Equal Weight Communication Services ETF 2.9 40 37 6.0 +3.3
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 2.7 65 12 5.2 +2.6
XMVM Invesco S&P MidCap Value with Momentum ETF 2.7 39 38 7.1 +4.5
STXM Strive Mid-Cap ETF 2.7 18 59 6.0 +3.4
AUSF Global X Adaptive U.S. Factor ETF 2.5 27 50 8.0 +5.4
VOE Vanguard Mid-Cap Value ETF 2.2 7 70 6.7 +4.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 2.1 4 73 17.4 +14.7
HAPS Harbor Human Capital Factor US Small Cap ETF 2.1 60 17 3.2 +0.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.1 7 70 5.3 +2.7
MDY SPDR S&P Midcap 400 ETF Trust 2.0 23 54 6.1 +3.4
ISMD Inspire Small/Mid Cap ETF 2.0 54 23 5.0 +2.3
LVDS JPMorgan Fundamental Data Science Large Value ETF 2.0 49 28 4.7 +2.0
IJH iShares Core S&P Mid-Cap ETF 2.0 5 72 6.2 +3.6
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 2.0 3 74 6.3 +3.6
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 2.0 15 62 6.3 +3.6
IVOO Vanguard S&P Mid-Cap 400 ETF 2.0 7 70 6.2 +3.6
IJK iShares S&P Mid-Cap 400 Growth ETF 1.9 17 60 4.3 +1.6
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 1.9 15 62 4.3 +1.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.9 10 67 4.3 +1.7
RSPH Invesco S&P 500 Equal Weight Health Care ETF 1.9 40 37 6.7 +4.0
USRD Themes US R&D Champions ETF 1.9 29 48 4.0 +1.4
GURU Global X Guru Index ETF 1.9 75 2 2.4 -0.3
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.9 15 62 6.9 +4.2
FESM Fidelity Enhanced Small Cap ETF 1.9 28 49 2.2 -0.4
PSC Principal U.S. Small-Cap ETF 1.9 38 39 3.6 +1.0
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.9 35 42 4.8 +2.1
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF 1.8 39 38 3.9 +1.2
RFV Invesco S&P Midcap 400 Pure Value ETF 1.8 35 42 10.9 +8.2
IMCV iShares Morningstar Mid-Cap Value ETF 1.8 6 71 6.8 +4.1
JHSC John Hancock Multifactor Small Cap ETF 1.8 42 35 6.1 +3.4
AVSC Avantis U.S Small Cap Equity ETF 1.8 25 52 4.5 +1.9
GDOC Goldman Sachs Future Health Care Equity ETF 1.7 75 2 0.9 -1.8
MDEV First Trust Indxx Medical Devices ETF 1.7 70 7 4.9 +2.2
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.7 68 9 2.1 -0.6
XTN State Street SPDR S&P Transportation ETF 1.7 35 42 3.7 +1.0
IHI iShares U.S. Medical Devices ETF 1.7 40 37 5.0 +2.3
XHE State Street SPDR S&P Health Care Equipment ETF 1.7 35 42 3.5 +0.9
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.7 20 57 5.6 +3.0
CBSE Clough Select Equity ETF 1.7 85 -8 0.4 -2.3
STXK Strive Small-Cap ETF 1.7 18 59 5.2 +2.6
VBK Vanguard Small-Cap Growth ETF 1.7 7 70 1.3 -1.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 38 2.2 -0.5
FTCE First Trust New Constructs Core Earnings Leaders ETF 1.6 60 17 4.7 +2.0
BNGE First Trust S-Network Streaming and Gaming ETF 1.6 70 7 3.0 +0.4
XLC Communication Services Select Sector SPDR 1.6 8 69 5.7 +3.0
FPX First Trust US Equity Opportunities ETF 1.6 61 16 0.9 -1.8
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 17 4.3 +1.7
FDCF Fidelity Disruptive Communications ETF 1.6 50 27 1.9 -0.8
IXP iShares Global Comm Services ETF 1.6 42 35 5.9 +3.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.6 15 62 5.1 +2.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.6 35 42 3.5 +0.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.6 39 38 3.5 +0.9
IWN iShares Russell 2000 Value ETF 1.6 24 53 4.6 +2.0
VTWV Vanguard Russell 2000 Value ETF 1.6 10 67 4.8 +2.1
BKSE BNY Mellon US Small Cap Core Equity ETF 1.6 4 73 15.7 +13.1
AIVL WisdomTree U.S. AI Enhanced Value Fund 1.6 38 39 5.1 +2.4
FNDA Schwab Fundamental US Small Co. Index ETF 1.6 25 52 6.2 +3.5
DTEC ALPS Disruptive Technologies ETF 1.5 50 27 3.5 +0.9
IFRA iShares U.S. Infrastructure ETF 1.5 30 47 5.9 +3.3
VO Vanguard Mid-Cap ETF 1.5 4 73 21.2 +18.5
DFNV Donoghue Forlines Innovation ETF 1.5 69 8 3.9 +1.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.5 17 60 5.0 +2.3
AVUV Avantis U.S. Small Cap Value ETF 1.4 25 52 7.8 +5.2
IYT iShares US Transportation ETF 1.4 40 37 4.7 +2.1
XMLV Invesco S&P MidCap Low Volatility ETF 1.4 25 52 6.8 +4.1
SCHA Schwab U.S. Small-Cap ETF 1.4 4 73 4.4 +1.7
FUNL CornerCap Fundametrics Large-Cap ETF 1.4 50 27 6.4 +3.8
PSCF Invesco S&P SmallCap Financials ETF 1.4 29 48 8.2 +5.6
DES WisdomTree U.S. SmallCap Dividend Fund 1.4 38 39 8.0 +5.4
DFSV Dimensional US Small Cap Value ETF 1.4 31 46 8.5 +5.9
KRE State Street SPDR S&P Regional Banking ETF 1.4 35 42 8.3 +5.6
SMMD iShares Russell 2500 ETF 1.4 15 62 5.5 +2.9
SMDV ProShares Russell 2000 Dividend Growers ETF 1.3 40 37 6.8 +4.2
EZM WisdomTree U.S. MidCap Fund 1.3 38 39 8.1 +5.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.3 20 57 4.0 +1.3
GRPM Invesco S&P MidCap 400 GARP ETF 1.3 35 42 6.3 +3.7
FDHT Fidelity Digital Health ETF 1.3 39 38 1.8 -0.9
NUSC Nuveen ESG Small-Cap ETF 1.3 31 46 5.0 +2.3
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.3 20 57 4.2 +1.6
FMET Fidelity Metaverse ETF 1.3 39 38 4.4 +1.7
BWEB Bitwise Web3 ETF 1.3 85 -8 -0.1 -2.7
GGME Invesco Next Gen Media and Gaming ETF 1.3 60 17 4.5 +1.8
MDCP VictoryShares THB Mid Cap ESG ETF 1.3 55 22 5.0 +2.3
OND ProShares On-Demand ETF 1.3 58 19 0.6 -2.1
VERS ProShares Metaverse ETF 1.3 58 19 0.4 -2.3
PKW Invesco Buyback Achievers ETF 1.3 62 15 6.9 +4.3
FMDE Fidelity Enhanced Mid Cap ETF 1.3 23 54 5.3 +2.7
DFAT Dimensional U.S. Targeted Value ETF 1.3 28 49 8.5 +5.8
GDXJ VanEck Junior Gold Miners ETF 1.3 52 25 2.7 +0.1
FVD First Trust Value Line Dividend Index Fund 1.3 65 12 5.7 +3.0
VXF Vanguard Extended Market ETF 1.2 5 72 3.8 +1.1
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 1.2 30 47 7.6 +5.0
JSML Janus Henderson Small Cap Growth Alpha ETF 1.2 30 47 2.8 +0.1
QLV FlexShares US Quality Low Volatility Index Fund 1.2 22 55 5.0 +2.3
IJJ iShares S&P Mid-Cap 400 Value ETF 1.2 18 59 8.0 +5.3
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 1.2 15 62 8.0 +5.4
HART IQ Healthy Hearts ETF 1.2 45 32 6.0 +3.3
IMCB iShares Morningstar Mid-Cap ETF 1.2 4 73 5.2 +2.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.2 10 67 8.1 +5.4
SHPP Pacer Industrials and Logistics ETF 1.2 60 17 6.7 +4.1
HWAY Themes US Infrastructure ETF 1.2 29 48 4.7 +2.0
RUNN Running Oak Efficient Growth ETF 1.2 58 19 5.0 +2.3
PAVE Global X U.S. Infrastructure Development ETF 1.2 47 30 4.6 +1.9
XLI Industrial Select Sector SPDR 1.2 8 69 3.9 +1.2
SUPL ProShares Supply Chain Logistics ETF 1.2 58 19 7.8 +5.1
FTDS First Trust Dividend Strength ETF 1.2 70 7 6.8 +4.1
FLV American Century Focused Large Cap Value ETF 1.2 42 35 5.9 +3.2
RSPN Invesco S&P 500 Equal Weight Industrials ETF 1.2 40 37 4.8 +2.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.2 9 68 3.7 +1.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.2 30 47 4.0 +1.3
XJH iShares ESG Screened S&P Mid-Cap ETF 1.2 12 65 6.1 +3.5
FLDZ RiverNorth Patriot ETF 1.2 75 2 6.2 +3.6
IWS iShares Russell Mid-Cap Value ETF 1.2 23 54 6.0 +3.3
XOEF iShares S&P 500 ex S&P 100 ETF 1.2 20 57 4.8 +2.1
EES WisdomTree U.S. SmallCap Fund 1.2 38 39 7.7 +5.1
RSSL Global X Russell 2000 ETF 1.2 8 69 2.7 +0.0
DFLV Dimensional US Large Cap Value ETF 1.2 22 55 5.9 +3.2
VB Vanguard Small-Cap ETF 1.2 5 72 5.3 +2.6
ROUS Hartford Multifactor US Equity ETF 1.2 19 58 5.4 +2.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.1 9 68 5.2 +2.5
XSLV Invesco S&P SmallCap Low Volatility ETF 1.1 25 52 7.3 +4.6
XSVM Invesco S&P SmallCap Value with Momentum ETF 1.1 36 41 8.1 +5.5
ISCV iShares Morningstar Small Cap Value ETF 1.1 6 71 7.6 +5.0
VTWO Vanguard Russell 2000 ETF 1.1 7 70 2.8 +0.1
IYC iShares U.S. Consumer Discretionary ETF 1.1 40 37 3.9 +1.2
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.1 35 42 6.0 +3.3
AVMC Avantis U.S. Mid Cap Equity ETF 1.1 18 59 6.2 +3.5
XMHQ Invesco S&P MidCap Quality ETF 1.1 25 52 6.0 +3.3
ZAP Global X U.S. Electrification ETF 1.1 50 27 3.6 +1.0
IWM iShares Russell 2000 ETF 1.1 19 58 2.6 -0.0
XMMO Invesco S&P MidCap Momentum ETF 1.1 34 43 3.8 +1.1
FIDU Fidelity MSCI Industrial Index ETF 1.1 8 69 3.9 +1.2
VIS Vanguard Industrials ETF 1.1 9 68 3.9 +1.2
DFUV Dimensional US Marketwide Value ETF 1.1 22 55 5.9 +3.2
DFAS Dimensional U.S. Small Cap ETF 1.1 26 51 5.6 +2.9
QABA First Trust NASDAQ ABA Community Bank Index Fund 1.1 60 17 7.5 +4.8
AIRL Themes Airlines ETF 1.1 35 42 1.7 -1.0
RWK Invesco S&P MidCap 400 Revenue ETF 1.1 39 38 7.9 +5.2
RBLD First Trust Alerian US NextGen Infrastructure ETF 1.0 65 12 4.1 +1.5
TTAC FCF US Quality ETF 1.0 59 18 6.0 +3.3
GXPC Global X PureCap MSCI Communication Services ETF 1.0 25 52 4.2 +1.5
ROSC Hartford Multifactor Small Cap ETF 1.0 34 43 7.1 +4.4
AUAU Global X Gold Miners ETF 1.0 35 42 2.4 -0.3
EUFN iShares MSCI Europe Financials ETF 1.0 51 26 6.4 +3.8
KBE State Street SPDR S&P Bank ETF 1.0 35 42 8.4 +5.7
DFIV Dimensional International Value ETF 1.0 27 50 7.5 +4.8
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 1.0 45 32 4.8 +2.1
SMHX VanEck Fabless Semiconductor ETF 1.0 35 42 2.0 -0.6
XSD State Street SPDR S&P Semiconductor ETF 1.0 35 42 2.5 -0.2
SNSR Global X Internet of Things ETF 1.0 68 9 3.6 +0.9
IYJ iShares U.S. Industrials ETF 1.0 40 37 4.2 +1.6
JSTC Adasina Social Justice All Cap Global ETF 1.0 89 -12 4.4 +1.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.0 29 48 6.4 +3.8
IWR iShares Russell Midcap ETF 1.0 19 58 5.4 +2.7
ALTL Pacer Lunt Large Cap Alternator ETF 1.0 60 17 4.9 +2.2
RCGE RockCreek Global Equality ETF 1.0 95 -18 6.0 +3.3
VAW Vanguard Materials ETF 1.0 9 68 5.2 +2.5
FMAT Fidelity MSCI Materials Index ETF 1.0 8 69 5.2 +2.5
ISCB iShares Morningstar Small-Cap ETF 1.0 4 73 5.4 +2.7
GPZ VanEck Alternative Asset Manager ETF 1.0 40 37 5.2 +2.6
SRVR Pacer Data & Infrastructure Real Estate ETF 1.0 55 22 4.4 +1.7
SVAL iShares US Small Cap Value Factor ETF 0.9 20 57 6.9 +4.2
SCHM Schwab U.S. Mid-Cap ETF 0.9 4 73 5.9 +3.3
TAX Cambria Tax Aware ETF 0.9 49 28 4.2 +1.5
NULV Nuveen ESG Large-Cap Value ETF 0.9 26 51 5.0 +2.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 30 5.0 +2.4
ICAP InfraCap Equity Income Fund ETF 0.9 171 -94 4.6 +2.0
KIE State Street SPDR S&P Insurance ETF 0.9 35 42 6.5 +3.8
EWN iShares MSCI Netherlands ETF 0.9 50 27 4.5 +1.9
TPSC Timothy Plan US Small Cap Core ETF 0.9 52 25 6.6 +4.0
SPLV Invesco S&P 500 Low Volatility ETF 0.9 25 52 5.2 +2.5
DEMZ Democratic Large Cap Core ETF 0.9 45 32 3.8 +1.2
CRTC Xtrackers US National Critical Technologies ETF 0.9 35 42 4.1 +1.5
GINN Goldman Sachs Innovate Equity ETF 0.9 52 25 3.7 +1.0
SQLV Royce Quant Small-Cap Quality Value ETF 0.9 60 17 7.5 +4.8
QDF FlexShares Quality Dividend Index Fund 0.9 37 40 5.4 +2.7
QDEF FlexShares Quality Dividend Defensive Index Fund 0.9 37 40 5.4 +2.7
AVDE Avantis International Equity ETF 0.9 23 54 6.1 +3.5
FSMD Fidelity Small-Mid Multifactor ETF 0.9 15 62 6.6 +3.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.9 70 7 2.2 -0.4
USMF WisdomTree U.S. Multifactor Fund 0.9 28 49 6.8 +4.1
JHMM John Hancock Multifactor Mid Cap ETF 0.9 42 35 5.6 +2.9
MODL VictoryShares WestEnd U.S. Sector ETF 0.9 42 35 4.0 +1.4
AVSD Avantis Responsible International Equity ETF 0.8 23 54 5.9 +3.2
HDUS Hartford Disciplined US Equity ETF 0.8 19 58 4.8 +2.1
VONV Vanguard Russell 1000 Value ETF 0.8 7 70 5.2 +2.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.8 10 67 8.9 +6.2
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.8 15 62 8.9 +6.2
VTV Vanguard Value ETF 0.8 4 73 5.7 +3.0
IJS iShares S&P Small-Cap 600 Value ETF 0.8 18 59 8.8 +6.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.8 29 48 5.6 +3.0
VBR Vanguard Small Cap Value ETF 0.8 7 70 7.9 +5.2
FHLC Fidelity MSCI Health Care Index ETF 0.8 8 69 5.1 +2.4
OALC OneAscent Large Cap Core ETF 0.8 86 -9 3.4 +0.8
IYH iShares U.S. Healthcare ETF 0.8 40 37 5.5 +2.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 62 5.0 +2.3
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 39 8.1 +5.5
GOEX Global X Gold Explorers ETF 0.8 65 12 1.9 -0.7
AKAF The Frontier Economic Fund 0.8 20 57 5.3 +2.7
ASCE Allspring SMID Core ETF 0.8 38 39 3.0 +0.4
SILJ ETFMG Prime Junior Silver Miners ETF 0.8 69 8 0.4 -2.3
FXZ First Trust Materials AlphaDEX Fund 0.8 61 16 6.5 +3.9
SLVP iShares MSCI Global Silver Miners ETF 0.8 39 38 3.7 +1.0
SGDM Sprott Gold Miners ETF 0.8 50 27 2.6 -0.1
RING iShares MSCI Global Gold Miners ETF 0.8 39 38 3.1 +0.5
IYM iShares U.S. Basic Materials ETF 0.8 40 37 4.5 +1.8
XME State Street SPDR S&P Metals & Mining ETF 0.8 35 42 5.4 +2.7
SIL Global X Silver Miners ETF 0.8 65 12 1.6 -1.1
RVER Trenchless Fund ETF 0.8 65 12 0.6 -2.1
DBSC Deepwater Beachfront Small Cap ETF 0.8 85 -8 1.2 -1.5
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 0.8 60 17 4.4 +1.7
BUL Pacer US Cash Cows Growth ETF 0.8 60 17 3.4 +0.7
AGMI Themes Silver Miners ETF 0.8 35 42 3.6 +1.0
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 0.8 60 17 7.5 +4.9
VFLO VictoryShares Free Cash Flow ETF 0.8 39 38 6.4 +3.7
SMRI Bushido Capital US Equity ETF 0.8 71 6 6.7 +4.0
GDX VanEck Gold Miners ETF 0.8 51 26 2.7 0.0
ITAN Sparkline Intangible Value ETF 0.8 50 27 5.7 +3.0
VHT Vanguard Health Care ETF 0.8 9 68 4.9 +2.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.8 12 65 5.2 +2.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.8 25 52 4.9 +2.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.8 47 30 7.4 +4.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.8 24 53 6.0 +3.4
IUS Invesco RAFI Strategic US ETF 0.8 19 58 5.4 +2.7
SSPY Syntax Stratified LargeCap ETF 0.8 30 47 6.0 +3.4
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.8 25 52 10.2 +7.6
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.8 54 23 6.0 +3.4
DFSI Dimensional International Sustainability Core 1 ETF 0.8 24 53 5.6 +2.9
EUSA iShares MSCI USA Equal Weighted ETF 0.8 9 68 5.5 +2.8
SIZE iShares MSCI USA Size Factor ETF 0.8 15 62 5.5 +2.8
RAYD Rayliant Quantitative Developed Market Equity ETF 0.8 80 -3 3.6 +0.9
FBCV Fidelity Blue Chip Value ETF 0.8 59 18 5.5 +2.8
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 71 2.8 +0.1
DURA VanEck Durable High Dividend ETF 0.8 29 48 6.2 +3.6
FELV Fidelity Enhanced Large Cap Value ETF 0.8 18 59 5.3 +2.6
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 0.8 40 37 6.8 +4.2
PTL Inspire 500 ETF 0.7 9 68 4.6 +1.9
GOP Unusual Whales Subversive Republican Trading ETF 0.7 50 27 4.2 +1.6
EXI iShares Global Industrials ETF 0.7 42 35 3.7 +1.1
WSML iShares MSCI World Small-Cap ETF 0.7 15 62 5.4 +2.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.7 15 62 6.2 +3.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.7 9 68 4.4 +1.7
PRF Invesco FTSE RAFI US 1000 ETF 0.7 34 43 5.5 +2.8
IWD iShares Russell 1000 Value ETF 0.7 19 58 5.1 +2.5
DXUV Dimensional US Vector Equity ETF 0.7 28 49 5.2 +2.5
DEUS Xtrackers Russell US Multifactor ETF 0.7 17 60 6.5 +3.8
SMOX Horizon Small/Mid Cap Core Equity ETF 0.7 75 2 5.4 +2.8
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.7 35 42 9.0 +6.3
SIXG Defiance Connective Technologies ETF 0.7 30 47 2.8 +0.1
DAK Dakota Active Equity ETF 0.7 43 34 3.8 +1.1
PRXV Praxis Impact Large Cap Value ETF 0.7 36 41 5.4 +2.7
FELC Fidelity Enhanced Large Cap Core ETF 0.7 18 59 4.3 +1.7
RSP Invesco S&P 500 Equal Weight ETF 0.7 20 57 5.9 +3.2
VRAI Virtus Real Asset Income ETF 0.7 55 22 8.1 +5.5
BLES Inspire Global Hope ETF 0.7 61 16 5.7 +3.0
URAN Themes Uranium & Nuclear ETF 0.7 35 42 1.1 -1.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.7 12 65 3.4 +0.7
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.7 19 58 4.7 +2.1
DFIC Dimensional International Core Equity 2 ETF 0.7 23 54 6.1 +3.5
EZU iShares MSCI Eurozone ETF 0.7 52 25 5.6 +3.0
HEZU iShares Currency Hedged MSCI Eurozone ETF 0.7 53 24 5.5 +2.8
VPU Vanguard Utilities ETF 0.7 9 68 5.2 +2.6
FID First Trust S&P International Dividend Aristocrats ETF 0.7 60 17 7.5 +4.9
WDIV SPDR S&P Global Dividend ETF 0.7 40 37 8.8 +6.2
AVDV Avantis International Small Cap Value ETF 0.7 36 41 7.5 +4.8
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.7 20 57 6.0 +3.4
BFOR ALPS Barron's 400 ETF 0.7 65 12 21.8 +19.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.7 45 32 5.5 +2.9
QQMG Invesco ESG NASDAQ 100 ETF 0.7 20 57 3.3 +0.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.7 29 48 4.1 +1.4
IMCG iShares Morningstar Mid-Cap Growth ETF 0.7 6 71 3.4 +0.7
FDLS Inspire Fidelis Multi Factor ETF 0.7 76 1 3.1 +0.5
SPXT ProShares S&P 500 Ex-Technology ETF 0.7 9 68 5.0 +2.3
SNPE Xtrackers S&P 500 ESG ETF 0.7 10 67 4.4 +1.7
JHML John Hancock Multifactor Large Cap ETF 0.7 29 48 4.5 +1.9
AVLV Avantis U.S. Large Cap Value ETF 0.7 15 62 5.8 +3.1
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.6 35 42 6.5 +3.8
NANR SPDR S&P North American Natural Resources ETF 0.6 35 42 5.8 +3.1
MNZL Manzil Russell Halal USA Broad MarketETF 0.6 40 37 3.9 +1.2
VOOV Vanguard S&P 500 Value ETF 0.6 7 70 5.6 +3.0
VFVA Vanguard U.S. Value Factor ETF 0.6 13 64 8.8 +6.2
LGLV State Street SPDR US Large Cap Low Volatility Index ETF 0.6 12 65 5.7 +3.1
AVSU Avantis Responsible U.S. Equity ETF 0.6 15 62 4.9 +2.3
DIM WisdomTree International MidCap Dividend Fund 0.6 58 19 6.2 +3.5
DRUP GraniteShares Nasdaq Select Disruptors ETF 0.6 60 17 3.5 +0.9
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 17 6.3 +3.6
HRTS Tema Heart & Health ETF 0.6 75 2 2.8 +0.2
PSET Principal Quality ETF 0.6 15 62 5.0 +2.3
AGNG Global X Aging Population ETF 0.6 50 27 4.3 +1.6
FMED Fidelity Disruptive Medicine ETF 0.6 50 27 -1.1 -3.7
RND First Trust Bloomberg R&D Leaders ETF 0.6 60 17 2.6 -0.1
KNO AXS Knowledge Leaders ETF 0.6 78 -1 4.0 +1.4
MEDI Harbor Health Care ETF 0.6 80 -3 -1.3 -4.0
XLV Health Care Select Sector SPDR 0.6 8 69 6.3 +3.7
PCGG Polen Capital Global Growth ETF 0.6 85 -8 3.9 +1.2
GGRW Gabelli Growth Innovators ETF 0.6 90 -13 2.2 -0.5
FSST Fidelity Sustainable U.S. Equity ETF 0.6 59 18 3.7 +1.0
FXH First Trust Health Care AlphaDEX Fund 0.6 62 15 4.3 +1.7
CDIG City Different Investments Global Equity ETF 0.6 75 2 -1.6 -4.3
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.6 65 12 4.7 +2.1
BMED Future Health ETF 0.6 85 -8 1.0 -1.7
FMKT The Free Markets ETF 0.6 76 1 4.2 +1.5
IXJ iShares Global Healthcare ETF 0.6 42 35 6.2 +3.5
DSTL Distillate US Fundamental Stability & Value ETF 0.6 39 38 7.3 +4.6
FLQL Franklin LibertyQ U.S. Equity ETF 0.6 15 62 4.6 +2.0
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 65 6.7 +4.0
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.6 40 37 3.7 +1.0
AIPO Defiance AI & Power Infrastructure ETF 0.6 69 8 0.9 -1.7
DHS WisdomTree U.S. High Dividend Fund 0.6 38 39 8.0 +5.3
EWI iShares MSCI Italy ETF 0.6 50 27 11.1 +8.4
IDV iShares International Select Dividend ETF 0.6 51 26 8.9 +6.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.6 80 -3 3.7 +1.1
RFDI First Trust Riverfront Dynamic Developed International ETF 0.6 83 -6 7.4 +4.7
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 0.6 12 65 3.3 +0.7
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 65 4.8 +2.2
IUSV iShares Core S&P US Value ETF 0.6 4 73 5.8 +3.1
IGPT Invesco AI and Next Gen Software ETF 0.6 60 17 2.4 -0.2
VOT Vanguard Mid-Cap Growth ETF 0.6 7 70 3.2 +0.6
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.6 55 22 8.7 +6.0
AVUS Avantis U.S. Equity ETF 0.6 15 62 4.7 +2.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.6 17 60 4.7 +2.0
PPTY US Diversified Real Estate ETF 0.6 53 24 7.8 +5.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.6 30 47 3.7 +1.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 53 7.2 +4.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.6 29 48 4.1 +1.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 38 6.1 +3.5
DFAI Dimensional International Core Equity Market ETF 0.6 18 59 5.9 +3.3
ILCV iShares Morningstar Value ETF 0.6 4 73 5.2 +2.5
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.6 4 73 5.6 +3.0
DXIV Dimensional International Vector Equity ETF 0.6 34 43 6.4 +3.8
IVE iShares S&P 500 Value ETF 0.6 18 59 5.5 +2.9
FUTY Fidelity MSCI Utilities Index ETF 0.6 8 69 5.2 +2.6
FTXO First Trust Nasdaq Bank ETF 0.6 60 17 7.2 +4.6
IWO iShares Russell 2000 Growth ETF 0.6 24 53 0.5 -2.1
IEV iShares Europe ETF 0.5 67 10 5.9 +3.3
INTF iShares International Equity Factor ETF 0.5 15 62 6.4 +3.7
VIOO Vanguard S&P Small-Cap 600 ETF 0.5 7 70 6.2 +3.5
FDMO Fidelity Momentum Factor ETF 0.5 15 62 2.5 -0.1
SNPG Xtrackers S&P 500 Growth ESG ETF 0.5 15 62 4.1 +1.5
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.5 3 74 6.4 +3.7
IJR iShares Core S&P Small Cap ETF 0.5 6 71 6.3 +3.6
VGK Vanguard FTSE Europe ETF 0.5 6 71 6.6 +3.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 57 6.1 +3.4
WTRE WisdomTree New Economy Real Estate Fund 0.5 58 19 -0.3 -3.0
UIVM VictoryShares International Value Momentum ETF 0.5 35 42 7.8 +5.1
SPVM Invesco S&P 500 Value with Momentum ETF 0.5 39 38 6.2 +3.5
IGE iShares North American Natural Resources ETF 0.5 41 36 5.3 +2.6
SPEU SPDR Portfolio Europe ETF 0.5 7 70 6.5 +3.8
IEUR iShares Core MSCI Europe ETF 0.5 11 66 6.4 +3.8
IWX iShares Russell Top 200 Value ETF 0.5 20 57 4.7 +2.1
DCOR Dimensional US Core Equity 1 ETF 0.5 14 63 4.6 +1.9
FLEE Franklin FTSE Europe ETF 0.5 9 68 6.3 +3.7
QQQM Invesco NASDAQ 100 ETF 0.5 15 62 3.4 +0.7
JETS U.S. Global Jets ETF 0.5 60 17 2.7 +0.0
PSCI Invesco S&P SmallCap Industrials ETF 0.5 29 48 4.9 +2.2
FLRG Fidelity U.S. Multifactor ETF 0.5 15 62 5.9 +3.3
QQQ Invesco QQQ Trust Series I 0.5 20 57 3.3 +0.7
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.5 9 68 4.2 +1.6
DWMF WisdomTree International Multifactor Fund 0.5 38 39 6.9 +4.2
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 7 2.5 -0.2
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.5 79 -2 4.2 +1.5
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.5 5 72 7.5 +4.8
JQUA JPMorgan U.S. Quality Factor ETF 0.5 12 65 4.9 +2.3
FELG Fidelity Enhanced Large Cap Growth ETF 0.5 18 59 3.5 +0.8
VTWG Vanguard Russell 2000 Growth ETF 0.5 10 67 0.7 -2.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 68 4.8 +2.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.5 60 17 6.9 +4.2
GSPY Gotham Enhanced 500 ETF 0.5 50 27 4.3 +1.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.5 46 31 5.4 +2.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.5 11 66 4.2 +1.5
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 68 6.2 +3.6
AIVI WisdomTree International AI Enhanced Value Fund 0.5 58 19 6.0 +3.4
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.5 27 50 6.6 +3.9
VTI Vanguard Total Stock Market ETF 0.5 3 74 4.2 +1.5
VTHR Vanguard Russell 3000 ETF 0.5 7 70 4.2 +1.5
RVRB Reverb ETF 0.5 30 47 3.8 +1.2
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 65 6.2 +3.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.5 35 42 4.3 +1.6
EQL Alps Equal Sector Weight ETF 0.5 25 52 5.1 +2.5
JHMD John Hancock Multifactor Developed International ETF 0.5 39 38 6.1 +3.5
AVDS Avantis International Small Cap Equity ETF 0.5 30 47 5.9 +3.2
DFIS Dimensional International Small Cap ETF 0.5 39 38 6.0 +3.4
SCHV Schwab U.S. Large-Cap Value ETF 0.5 4 73 5.6 +3.0
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.5 38 39 9.0 +6.3
WWJD Inspire International ETF 0.5 80 -3 6.1 +3.5
ESGD iShares ESG Aware MSCI EAFE ETF 0.5 20 57 5.7 +3.0
ACVF American Conservative Values ETF 0.5 75 2 3.8 +1.1
FDEV Fidelity International Multifactor ETF 0.5 18 59 7.0 +4.4
VONE Vanguard Russell 1000 ETF 0.5 7 70 4.3 +1.6
NULG Nuveen ESG Large-Cap Growth ETF 0.5 26 51 3.1 +0.4
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 57 -3.4 -6.1
KLMT Invesco MSCI Global Climate 500 ETF 0.5 10 67 4.9 +2.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.5 39 38 7.2 +4.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.5 9 68 4.1 +1.4
VSLU Applied Finance Valuation Large Cap ETF 0.5 49 28 5.0 +2.3
ESGV Vanguard ESG U.S. Stock ETF 0.5 9 68 4.2 +1.5
GEW Cambria Global EW ETF 0.5 29 48 5.4 +2.7
PBUS Invesco MSCI USA ETF 0.5 4 73 4.2 +1.6
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.5 15 62 4.3 +1.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.5 25 52 6.3 +3.6
QTUM Defiance Quantum ETF 0.5 40 37 3.9 +1.2
GRNJ Fundstrat Granny Shots US Small & Mid Cap ETF 0.5 75 2 2.1 -0.6
JAVA JPMorgan Active Value ETF 0.5 44 33 5.3 +2.7
XITK State Street SPDR FactSet Innovative Technology ETF 0.5 45 32 0.1 -2.6
SFYF SoFi Social 50 ETF 0.5 29 48 0.8 -1.9
PBW Invesco WilderHill Clean Energy ETF 0.5 66 11 -3.3 -6.0
BUZZ VanEck Social Sentiment ETF 0.5 75 2 -0.7 -3.3
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.4 12 65 6.1 +3.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 47 6.3 +3.6
DEW WisdomTree Global High Dividend Fund 0.4 58 19 7.0 +4.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 68 4.4 +1.7
CHRI Global X S&P 500 Christian Values ETF 0.4 29 48 4.0 +1.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.4 56 21 9.2 +6.6
FNCL Fidelity MSCI Financials Index ETF 0.4 8 69 5.8 +3.2
IXG iShares Global Financials ETF 0.4 42 35 5.8 +3.2
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.4 20 57 5.5 +2.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.4 60 17 5.9 +3.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.4 12 65 3.9 +1.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.4 12 65 5.3 +2.6
STXG Strive 1000 Growth ETF 0.4 18 59 3.3 +0.7
DIV Global X SuperDividend US ETF 0.4 45 32 9.5 +6.9
FFLC Fidelity Fundamental Large Cap Core ETF 0.4 38 39 3.9 +1.2
IQSI IQ Candriam International Equity ETF 0.4 15 62 5.6 +2.9
QVML Invesco S&P 500 QVM Multi-factor ETF 0.4 11 66 4.3 +1.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.4 75 2 3.2 +0.5
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 16 5.2 +2.6
DFAU Dimensional US Core Equity Market ETF 0.4 12 65 4.3 +1.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 74 4.2 +1.5
HEFA iShares Currency Hedged MSCI EAFE ETF 0.4 35 42 5.7 +3.1
EFA iShares MSCI EAFE ETF 0.4 35 42 5.7 +3.0
IMTM iShares MSCI Intl Momentum Factor ETF 0.4 30 47 4.6 +2.0
TXS Texas Capital Texas Equity Index ETF 0.4 49 28 4.9 +2.2
KLMN Invesco MSCI North America Climate ETF 0.4 9 68 4.3 +1.7
GSIB Themes Global Systemically Important Banks ETF 0.4 35 42 7.4 +4.7
APIE ActivePassive International Equity ETF 0.4 45 32 6.4 +3.7
TIIV AAM Todd International Intrinsic Value ETF 0.4 54 23 9.5 +6.9
IWV iShares Russell 3000 ETF 0.4 20 57 4.0 +1.4
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.4 61 16 6.4 +3.7
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 59 4.7 +2.0
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.4 3 74 4.4 +1.7
YOKE Yoke Core ETF 0.4 42 35 3.9 +1.2
SPHQ Invesco S&P 500 Quality ETF 0.4 15 62 4.8 +2.1
SPXE ProShares S&P 500 Ex-Energy ETF 0.4 9 68 4.1 +1.4
DSI iShares MSCI KLD 400 Social ETF 0.4 25 52 4.2 +1.5
VV Vanguard Large-Cap ETF 0.4 4 73 4.1 +1.5
VYM Vanguard High Dividend Yield Index ETF 0.4 6 71 6.1 +3.4
DFUS Dimensional U.S. Equity ETF 0.4 9 68 4.1 +1.4
POWR iShares U.S. Power Infrastructure ETF 0.4 40 37 4.3 +1.7
IEFA iShares Core MSCI EAFE ETF 0.4 7 70 6.0 +3.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 41 5.2 +2.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 70 4.1 +1.5
VOO Vanguard S&P 500 ETF 0.4 3 74 4.2 +1.6
VT Vanguard Total World Stock ETF 0.4 6 71 5.0 +2.3
IWB iShares Russell 1000 ETF 0.4 15 62 4.2 +1.5
TOPC iShares S&P 500 3% Capped ETF 0.4 15 62 4.4 +1.7
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.4 7 70 4.4 +1.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 75 4.2 +1.5
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.4 20 57 5.5 +2.8
DSPY Tema S&P 500 Historical Weight ETF 0.4 18 59 4.4 +1.7
BLCR iShares Large Cap Core Active ETF 0.4 36 41 3.0 +0.3
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.4 20 57 0.9 -1.8
IYY iShares Dow Jones U.S. ETF 0.4 20 57 4.1 +1.4
TOK iShares MSCI Kokusai ETF 0.4 26 51 4.3 +1.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.4 14 63 5.2 +2.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.4 0 77 12.5 +9.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.4 20 57 4.2 +1.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 38 6.6 +4.0
VOTE TCW Transform 500 ETF 0.4 5 72 4.1 +1.5
NACP Impact Shares NAACP Minority Empowerment ETF 0.4 49 28 3.7 +1.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.4 45 32 3.7 +1.0
HAP VanEck Natural Resources ETF 0.4 50 27 6.3 +3.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 38 6.8 +4.2
VFMF Vanguard U.S. Multifactor ETF 0.4 18 59 6.3 +3.6
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 74 4.1 +1.5
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 73 5.9 +3.3
TOV JLens 500 Jewish Advocacy U.S. ETF 0.4 18 59 3.9 +1.3
XVV iShares ESG Screened S&P 500 ETF 0.4 8 69 4.2 +1.5
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.4 35 42 4.9 +2.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 58 19 5.2 +2.5
URTH iShares MSCI World ETF 0.4 24 53 4.3 +1.7
STXV Strive 1000 Value ETF 0.4 18 59 6.7 +4.0
FYT First Trust Small Cap Value AlphaDEX Fund 0.4 73 4 9.5 +6.8
EFV iShares MSCI EAFE Value ETF 0.4 34 43 7.3 +4.6
IWP iShares Russell Mid-Cap Growth ETF 0.4 23 54 3.1 +0.5
AVIE Avantis  Inflation Focused Equity ETF 0.4 25 52 5.7 +3.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 57 5.6 +2.9
FEP First Trust Europe AlphaDEX Fund 0.3 80 -3 6.8 +4.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.3 30 47 6.0 +3.3
SCHF Schwab International Equity ETF 0.3 6 71 5.8 +3.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 67 4.3 +1.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 57 5.7 +3.1
TRFM AAM Transformers ETF 0.3 49 28 1.0 -1.6
EBI Longview Advantage ETF 0.3 35 42 5.8 +3.2
THRO iShares U.S. Thematic Rotation Active ETF 0.3 90 -13 3.1 +0.5
MGV Vanguard Mega Cap Value ETF 0.3 7 70 5.3 +2.6
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 57 4.0 +1.4
RWL Invesco S&P 500 Revenue ETF 0.3 39 38 5.6 +3.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.3 25 52 5.5 +2.8
IDMO Invesco S&P International Developed Momentum ETF 0.3 25 52 5.0 +2.4
RPV Invesco S&P 500 Pure Value ETF 0.3 35 42 8.4 +5.7
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 52 6.0 +3.4
IQLT iShares MSCI Intl Quality Factor ETF 0.3 30 47 5.4 +2.8
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.3 8 69 4.4 +1.7
VEA Vanguard FTSE Developed Markets ETF 0.3 3 74 5.8 +3.2
IAK iShares U.S. Insurance ETF 0.3 40 37 6.7 +4.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 57 4.7 +2.1
SPYM State Street SPDR Portfolio S&P 500 ETF 0.3 2 75 4.3 +1.6
SPY SPDR S&P 500 ETF 0.3 9 68 4.2 +1.5
IVV iShares Core S&P 500 ETF 0.3 3 74 4.2 +1.6
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 64 1.8 -0.9
AVIV Avantis International Large Cap Value ETF 0.3 25 52 6.7 +4.1
GXLC Global X U.S. 500 ETF 0.3 2 75 4.1 +1.5
LRND IQ U.S. Large Cap R&D Leaders ETF 0.3 14 63 4.0 +1.4
FXO First Trust Financials AlphaDEX Fund 0.3 62 15 7.8 +5.1
TCV Towle Value ETF 0.3 85 -8 9.1 +6.5
FNK First Trust Mid Cap Value AlphaDEX Fund 0.3 70 7 9.4 +6.7
IAT iShares U.S. Regional Banks ETF 0.3 40 37 7.9 +5.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.3 80 -3 6.9 +4.3
AFMC First Trust Active Factor Mid Cap ETF 0.3 65 12 7.0 +4.4
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.3 50 27 8.0 +5.4
VSGX Vanguard ESG International Stock ETF 0.3 10 67 6.5 +3.8
ACWI iShares MSCI ACWI ETF 0.3 32 45 4.6 +2.0
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 12 3.5 +0.8
RAUS RACWI US ETF 0.3 15 62 4.2 +1.5
SCHB Schwab U.S. Broad Market ETF 0.3 3 74 4.2 +1.6
APUE ActivePassive U.S. Equity ETF 0.3 45 32 3.9 +1.3
BKIE BNY Mellon International Equity ETF 0.3 4 73 17.7 +15.0
SDY State Street SPDR S&P Dividend ETF 0.3 35 42 6.1 +3.5
NULC Nuveen ESG Large-Cap ETF 0.3 21 56 4.0 +1.3
CHPX Global X AI Semiconductor & Quantum ETF 0.3 50 27 1.7 -1.0
QLC FlexShares US Quality Large Cap Index Fund 0.3 25 52 4.5 +1.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 74 5.8 +3.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 9 68 4.0 +1.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 56 3.0 +0.3
USEW Cambria US EW ETF 0.3 30 47 4.2 +1.5
ENHU iShares Enhanced Large Cap Core Active ETF 0.3 22 55 4.1 +1.5
MGK Vanguard Mega Cap Growth ETF 0.3 7 70 17.9 +15.2
SFY SoFi Select 500 ETF 0.3 0 77 3.8 +1.1
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 64 5.4 +2.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.3 25 52 6.0 +3.4
FRGN Horizon International Equity ETF 0.3 75 2 7.7 +5.1
DOL WisdomTree International LargeCap Dividend Fund 0.3 48 29 5.5 +2.8
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 69 3.1 +0.4
SCHK Schwab 1000 Index ETF 0.3 5 72 4.3 +1.6
ETHO Etho Climate Leadership U.S. ETF 0.3 47 30 4.1 +1.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.3 40 37 5.7 +3.0
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.3 35 42 7.0 +4.3
XDAT Franklin Exponential Data ETF 0.3 50 27 1.1 -1.5
TPIF Timothy Plan International ETF 0.3 62 15 5.5 +2.9
DWM WisdomTree International Equity Fund 0.3 48 29 5.6 +2.9
ACWX iShares MSCI ACWI ex U.S. ETF 0.3 34 43 6.3 +3.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.3 64 13 1.4 -1.3
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.3 48 29 5.7 +3.0
MILN Global X Millennial Consumer ETF 0.3 50 27 4.2 +1.5
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.3 49 28 7.1 +4.4
DISV Dimensional International Small Cap Value ETF 0.3 42 35 7.7 +5.1
WOMN Impact Shares YWCA Women's Empowerment ETF 0.3 75 2 4.8 +2.1
TEXN iShares Texas Equity ETF 0.3 20 57 4.9 +2.3
CWI SPDR MSCI ACWI ex-US ETF 0.3 30 47 6.4 +3.7
IWL iShares Russell Top 200 ETF 0.3 15 62 3.9 +1.2
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 4 73 6.6 +4.0
RAFE PIMCO RAFI ESG U.S. ETF 0.3 29 48 5.9 +3.3
DIHP Dimensional International High Profitability ETF 0.2 29 48 5.8 +3.1
VFH Vanguard Financials ETF 0.2 9 68 5.9 +3.2
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 70 6.5 +3.9
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.2 15 62 5.0 +2.4
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.2 20 57 4.3 +1.6
VXUS Vanguard Total International Stock ETF 0.2 5 72 6.5 +3.9
FDL First Trust Morningstar Dividend Leaders Index Fund 0.2 45 32 8.8 +6.2
EUDV ProShares MSCI Europe Dividend Growers ETF 0.2 55 22 5.9 +3.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.2 85 -8 2.6 -0.0
OSEA Harbor International Compounders ETF 0.2 55 22 4.5 +1.8
STXI Strive International Developed Markets ETF 0.2 29 48 6.4 +3.7
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 42 5.5 +2.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.2 80 -3 5.4 +2.8
JIVE JPMorgan International Value ETF 0.2 55 22 7.8 +5.2
BCDF Horizon Kinetics Blockchain Development ETF 0.2 85 -8 3.7 +1.0
DIVS SmartETFs Dividend Builder ETF 0.2 65 12 4.4 +1.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.2 32 45 5.3 +2.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.2 65 12 7.2 +4.5
VIGI Vanguard International Dividend Appreciation ETF 0.2 10 67 6.0 +3.3
FEZ SPDR EURO STOXX 50 ETF 0.2 29 48 5.7 +3.1
KBWR Invesco KBW Regional Banking ETF 0.2 35 42 8.5 +5.8
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 53 5.7 +3.0
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 48 5.0 +2.4
EWG iShares MSCI Germany ETF 0.2 50 27 6.0 +3.3
FLGR Franklin FTSE Germany ETF 0.2 9 68 6.7 +4.0
IGRO iShares International Dividend Growth ETF 0.2 15 62 6.6 +4.0
EFAD ProShares MSCI EAFE Dividend Growers ETF 0.2 50 27 5.7 +3.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.2 22 55 5.6 +2.9
DAX Global X DAX Germany ETF 0.2 21 56 6.2 +3.6
CGIE Capital Group International Equity ETF 0.2 54 23 4.5 +1.9
JGLO JPMorgan Global Select Equity ETF 0.2 33 44 4.3 +1.7
EFG iShares MSCI EAFE Growth ETF 0.2 36 41 3.8 +1.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 52 6.0 +3.4
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.2 32 45 3.9 +1.2
IUSG iShares Core S&P U.S. Growth ETF 0.2 4 73 3.2 +0.5
SCHX Schwab U.S. Large-Cap ETF 0.2 3 74 4.3 +1.6
OEI Optimized Equity Income ETF 0.2 75 2 3.6 +0.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 32 6.5 +3.9
FEUZ First Trust Eurozone AlphaDEX ETF 0.2 80 -3 6.5 +3.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.2 65 12 7.9 +5.3
TINT ProShares Smart Materials ETF 0.2 58 19 5.8 +3.2
MXI iShares Global Materials ETF 0.2 41 36 5.9 +3.2
FCPI Fidelity Stocks for Inflation ETF 0.2 15 62 5.8 +3.1
AIRR First Trust RBA American Industrial Renaissance ETF 0.2 70 7 4.4 +1.7
HEDJ WisdomTree Europe Hedged Equity Fund 0.2 58 19 6.1 +3.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.2 19 58 5.0 +2.4
DTAN Sparkline International Intangible Value ETF 0.2 55 22 7.1 +4.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 0.2 35 42 5.9 +3.3
DFVX Dimensional US Large Cap Vector ETF 0.2 22 55 5.3 +2.6
VYMI Vanguard International High Dividend Yield ETF 0.2 17 60 7.7 +5.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 28 5.9 +3.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.2 41 36 6.0 +3.3
HAPI Harbor Human Capital Factor US Large Cap ETF 0.2 36 41 4.1 +1.5
AVMV Avantis U.S. Mid Cap Value ETF 0.2 20 57 7.4 +4.8
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.2 39 38 9.2 +6.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 52 7.1 +4.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.2 24 53 6.8 +4.2
REVS Columbia Research Enhanced Value ETF 0.2 19 58 6.4 +3.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.2 46 31 5.4 +2.7
DEEP Roundhill Acquirers Deep Value ETF 0.2 80 -3 15.0 +12.3
YNOT Horizon Digital Frontier ETF 0.2 75 2 2.6 -0.0
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 0.2 48 29 7.9 +5.3
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 35 6.8 +4.1
GLOF iShares Global Equity Factor ETF 0.2 20 57 5.5 +2.8
PINK Simplify Health Care ETF 0.2 50 27 0.9 -1.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.2 18 59 6.2 +3.6
DTH WisdomTree International High Dividend Fund 0.2 58 19 7.0 +4.4
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 62 4.2 +1.5
MGC Vanguard Mega Cap ETF 0.2 7 70 3.9 +1.3
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 10 8.4 +5.7
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 47 5.1 +2.5
VOOG Vanguard S&P 500 Growth ETF 0.2 7 70 19.1 +16.4
EWU iShares MSCI United Kingdom ETF 0.2 50 27 7.2 +4.6
GVLU Gotham 1000 Value ETF 0.2 50 27 8.0 +5.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.2 29 48 6.9 +4.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 63 4.2 +1.5
DIVI Franklin International Core Dividend Tilt Index ETF 0.2 9 68 6.5 +3.8
EVUS iShares ESG Aware MSCI USA Value ETF 0.2 18 59 5.5 +2.8
FLGB Franklin FTSE United Kingdom ETF 0.2 9 68 6.7 +4.0
LCDS JPMorgan Fundamental Data Science Large Core ETF 0.2 30 47 4.1 +1.4
HLAL Wahed FTSE USA Shariah ETF 0.2 50 27 3.6 +1.0
SUSA iShares MSCI USA ESG Select ETF 0.2 25 52 4.0 +1.4
IYF iShares U.S. Financials ETF 0.2 40 37 5.5 +2.8
JDOC JPMorgan Healthcare Leaders ETF 0.2 65 12 3.4 +0.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 59 6.9 +4.2
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 57 7.4 +4.7
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 42 5.4 +2.8
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 37 5.4 +2.7
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 49 5.6 +3.0
CVY Invesco Zacks Multi-Asset Income ETF 0.2 106 -29 9.8 +7.1
IWC iShares Micro-Cap ETF 0.2 60 17 -1.3 -4.0
QGRO American Century U.S. Quality Growth ETF 0.2 29 48 4.1 +1.5
OPTZ Optimize Strategy Index ETF 0.2 50 27 3.5 +0.8
SCHC Schwab International Small-Cap Equity ETF 0.2 11 66 6.5 +3.9
QINT American Century Quality Diversified International ETF 0.2 39 38 6.5 +3.8
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.2 9 68 7.6 +4.9
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 62 5.5 +2.9
GQI Natixis Gateway Quality Income ETF 0.2 34 43 4.7 +2.0
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 41 3.3 +0.6
ILCG iShares Morningstar Growth ETF 0.1 4 73 3.3 +0.6
VGT Vanguard Information Technology ETF 0.1 9 68 25.2 +22.5
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 47 7.8 +5.1
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.1 20 57 5.6 +2.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 67 4.3 +1.6
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.1 20 57 8.6 +5.9
IVW iShares S&P 500 Growth ETF 0.1 18 59 3.0 +0.4
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.1 4 73 3.2 +0.5
WRND IQ Global Equity R&D Leaders ETF 0.1 18 59 4.1 +1.5
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.1 52 25 5.1 +2.4
QUAL iShares MSCI USA Quality Factor ETF 0.1 15 62 4.5 +1.8
DGRO iShares Core Dividend Growth ETF 0.1 8 69 5.5 +2.8
VFMV Vanguard U.S. Minimum Volatility ETF 0.1 13 64 5.8 +3.1
EGUS iShares ESG Aware MSCI USA Growth ETF 0.1 18 59 3.2 +0.5
IYG iShares US Financial Services ETF 0.1 40 37 5.0 +2.3
VEGN US Vegan Climate ETF 0.1 60 17 3.4 +0.8
VUG Vanguard Growth ETF 0.1 4 73 21.4 +18.7
ADME Aptus Drawdown Managed Equity ETF 0.1 79 -2 3.4 +0.8
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 35 3.6 +0.9
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 40 6.9 +4.3
KNCT Invesco Next Gen Connectivity ETF 0.1 40 37 3.0 +0.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 69 6.3 +3.6
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.1 25 52 4.2 +1.5
GWX SPDR S&P International Small Cap ETF 0.1 40 37 5.8 +3.1
SFTY Horizon Managed Risk ETF 0.1 77 0 3.5 +0.8
STOX Horizon Core Equity ETF 0.1 70 7 3.6 +0.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.1 12 65 3.7 +1.0
RECS Columbia Research Enhanced Core ETF 0.1 15 62 5.3 +2.6
FBCG Fidelity Blue Chip Growth ETF 0.1 59 18 2.3 -0.4
IGM iShares Expanded Tech Sector ETF 0.1 41 36 2.7 +0.1
AIEQ AI Powered Equity ETF 0.1 75 2 3.8 +1.1
VLUE iShares MSCI USA Value Factor ETF 0.1 15 62 6.1 +3.4
USMV iShares MSCI USA Min Vol Factor ETF 0.1 15 62 5.3 +2.7
LRGF iShares U.S. Equity Factor ETF 0.1 8 69 4.6 +1.9
SCHD Schwab US Dividend Equity ETF 0.1 6 71 7.8 +5.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.1 25 52 7.7 +5.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 37 6.1 +3.4
VDC Vanguard Consumer Staples ETF 0.1 9 68 5.7 +3.1
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 67 3.9 +1.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 65 4.5 +1.8
EPS WisdomTree U.S. LargeCap Fund 0.1 8 69 4.7 +2.1
IQDF FlexShares International Quality Dividend Index Fund 0.1 47 30 7.3 +4.6
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 0.1 8 69 5.7 +3.1
VCR Vanguard Consumer Discretionary ETF 0.1 9 68 4.7 +2.1
HDV iShares Core High Dividend ETF 0.1 8 69 29.0 +26.3
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.1 40 37 2.9 +0.2
IYW iShares U.S. Technology ETF 0.1 40 37 3.0 +0.3
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 69 4.7 +2.1
XT iShares Exponential Technologies ETF 0.1 46 31 4.0 +1.3
VIG Vanguard Dividend Appreciation ETF 0.1 5 72 5.0 +2.3
JEPI JPMorgan Equity Premium Income ETF 0.1 35 42 5.3 +2.6
AQLT iShares MSCI Global Quality Factor ETF 0.1 18 59 0.0 -2.7
VONG Vanguard Russell 1000 Growth ETF 0.1 7 70 3.9 +1.2
CALF Pacer US Small Cap Cash Cows 100 ETF 0.1 59 18 8.3 +5.6
WSGE Warren Street Global Equity ETF 0.1 80 -3 2.9 +0.2
FENI Fidelity Enhanced International ETF 0.1 28 49 5.7 +3.1
FDVV Fidelity High Dividend ETF 0.1 15 62 6.6 +3.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 35 4.0 +1.3
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 73 3.4 +0.8
DIVB iShares Core Dividend ETF 0.0 5 72 6.4 +3.7
IWF iShares Russell 1000 Growth ETF 0.0 19 58 15.5 +12.8
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 54 7.2 +4.5
CCNR ALPS CoreCommodity Natural Resources ETF 0.0 39 38 7.8 +5.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 43 5.2 +2.5
PFM Invesco Dividend Achievers ETF 0.0 53 24 4.7 +2.0
AVUQ Avantis U.S. Quality ETF 0.0 15 62 3.8 +1.1
TMFS Motley Fool Small-Cap Growth ETF 0.0 85 -8 1.3 -1.4
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.0 15 62 3.8 +1.1
PFI Invesco Dorsey Wright Financial Momentum ETF 0.0 60 17 4.7 +2.0
FYC First Trust Small Cap Growth AlphaDEX Fund 0.0 71 6 -0.6 -3.3
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.0 10 67 3.7 +1.0
IJT iShares S&P Small-Cap 600 Growth ETF 0.0 18 59 3.7 +1.1

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 2.0 x
Less: Expense ratio 77 bp
Equals: ALTAR Score 2.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.85 CATEGORY
AVERAGE		 1.58
 
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.