JPMorgan BetaBuilders Canada ETF
ALTAR
Score™		 6.6% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 15.5x P/Sales
ratio		 2.4x
P/BV
ratio		 2.0x Div.
yield		 3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The JPMorgan BetaBuilders Canada ETF tracks a market-cap-weighted index of large- and midcap Canadian equities.

FUND BASICS
Category International Equities
Fund Sponsor JPMorgan
Website am.jpmorgan.com
Inception date Aug 07, 2018
Assets (mns) $7,484
Currency USD
Expense ratio 19 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 83
Wgt avg mkt cap (mns) $59,005
Large cap (>$10bn) 92.9%
Mid cap ($2-10bn) 7.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ROYAL BANK OF CANADA 7.9 %
TORONTO-DOMINION BANK 5.2 %
ENBRIDGE INC 4.0 %
CANADIAN PACIFIC KANSAS CITY LTD 3.9 %
CANADIAN NATURAL RESOURCES 3.7 %
SHOPIFY, INC. CLASS A 3.6 %
CONSTELLATION SOFTWARE INC 3.4 %
BANK OF MONTREAL 3.2 %
CANADIAN NATL RAILWAY CO 3.1 %
BROOKFIELD CORP 3.0 %
Total 41.0 %

TOP COUNTRY EXPOSURE
CANADA 99.5 %
UNITED STATES 0.2 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
12.2% 31.6% 10.2% -- 9.0%

Market Correlations
versus... Beta R-squared
S&P500 0.92 77%
MSCI EAFE 0.94 84%
MSCI Emg. Mkts. 0.74 51%

Technical Indicators
Recent close $73.70
30d moving avg. $72.25
Annualized volatility 18.2%
Short interest (ETF) 0.3%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 188
Turnover 0.2%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $5,999

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 385 potential alternatives to the JPMorgan BetaBuilders Canada ETF ETF based on the alternatives' overlap in portfolio holdings with BBCA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BBCA Expense: 19 bp ALTAR Score™: 6.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BBCA
Ticker Fund
Name		 Overlap1
vs BBCA
(%)		 Expense
ratio
(bp)		 Savings
vs BBCA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs BBCA
(%)
FLCA Franklin FTSE Canada ETF 84.1 9 10 6.8 +0.2
EWC iShares MSCI Canada ETF 70.4 50 -31 6.5 -0.1
PID Invesco International Dividend Achievers ETF 24.6 53 -34 7.0 +0.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 14.5 47 -28 5.5 -1.1
IDLV Invesco S&P International Developed Low Volatility ETF 14.0 25 -6 6.2 -0.4
IGRO iShares International Dividend Growth ETF 13.1 15 4 7.5 +1.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 12.7 29 -10 8.6 +2.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 11.9 46 -27 9.3 +2.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 11.6 20 -1 6.9 +0.3
IMTM iShares MSCI Intl Momentum Factor ETF 11.3 30 -11 6.3 -0.3
FIDI Fidelity International High Dividend ETF 11.0 18 1 10.9 +4.3
CIL VictoryShares International Volatility Wtd ETF 10.6 45 -26 7.0 +0.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 10.6 12 7 5.9 -0.7
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 10.5 51 -32 7.1 +0.5
STXI Strive International Developed Markets ETF 10.5 29 -10 6.9 +0.3
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 10.4 80 -61 3.2 -3.4
TPIF Timothy Plan International ETF 10.2 62 -43 6.8 +0.2
NDIV Amplify Natural Resources Dividend Income ETF 10.1 59 -40 8.5 +1.9
NANR SPDR S&P North American Natural Resources ETF 10.1 35 -16 7.4 +0.8
BKIE BNY Mellon International Equity ETF 10.1 4 15 7.1 +0.5
IXC iShares Global Energy ETF 10.0 44 -25 8.7 +2.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.9 42 -23 8.1 +1.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 9.8 32 -13 6.0 -0.6
VWID Virtus WMC International Dividend ETF 9.8 49 -30 9.6 +3.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 9.7 25 -6 7.2 +0.6
FIVA Fidelity International Value Factor ETF 9.4 18 1 10.2 +3.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 9.1 46 -27 4.9 -1.7
AVIV Avantis International Large Cap Value ETF 8.9 25 -6 9.0 +2.4
SCHC Schwab International Small-Cap Equity ETF 8.7 11 8 6.6 -0.0
CID VictoryShares International High Div Volatility Wtd ETF 8.5 45 -26 11.9 +5.3
FID First Trust S&P International Dividend Aristocrats ETF 8.3 60 -41 9.0 +2.4
IVRA Invesco Real Assets ESG ETF 8.2 59 -40 5.4 -1.2
WWJD Inspire International ETF 8.2 80 -61 7.3 +0.7
IDMO Invesco S&P International Developed Momentum ETF 8.0 25 -6 5.9 -0.7
UMMA Wahed Dow Jones Islamic World ETF 8.0 65 -46 4.6 -2.0
GNR SPDR S&P Global Natural Resources ETF 7.9 40 -21 9.7 +3.1
CZAR Themes Natural Monopoly ETF 7.9 35 -16 6.3 -0.3
FICS First Trust International Developed Capital Strength ETF 7.9 70 -51 5.3 -1.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 7.7 45 -26 8.9 +2.4
QINT American Century Quality Diversified International ETF 7.6 39 -20 7.7 +1.1
SUPL ProShares Supply Chain Logistics ETF 7.6 58 -39 14.2 +7.6
SHPP Pacer Industrials and Logistics ETF 7.6 60 -41 9.9 +3.3
UMI USCF Midstream Energy Income Fund ETF 7.6 85 -66 3.7 -2.9
ENFR Alerian Energy Infrastructure ETF 7.6 35 -16 4.0 -2.6
IGF iShares Global Infrastructure ETF 7.6 41 -22 4.3 -2.3
GII SPDR S&P Global Infrastructure ETF 7.6 40 -21 4.3 -2.3
USAI Pacer American Energy Independence ETF 7.6 75 -56 3.0 -3.6
FTWO Strive FAANG 2.0 ETF 7.6 49 -30 4.7 -1.9
IDEV iShares Core MSCI International Developed Markets ETF 7.6 4 15 7.1 +0.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 7.5 18 1 7.0 +0.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 7.5 80 -61 9.1 +2.5
SPDW SPDR Portfolio Developed World ex-US ETF 7.4 3 16 7.2 +0.6
WDIV SPDR S&P Global Dividend ETF 7.3 40 -21 9.4 +2.8
AVSD Avantis Responsible International Equity ETF 7.2 23 -4 7.1 +0.5
VEA Vanguard FTSE Developed Markets ETF 7.2 5 14 7.3 +0.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 7.1 41 -22 7.4 +0.8
SCHF Schwab International Equity ETF 7.1 6 13 7.5 +0.9
AVDE Avantis International Equity ETF 7.1 23 -4 8.1 +1.5
ABEQ Absolute Select Value ETF 7.0 85 -66 4.3 -2.3
IQIN IQ 500 International ETF 7.0 25 -6 9.2 +2.6
FDEV Fidelity International Multifactor ETF 6.7 18 1 7.8 +1.2
VYMI Vanguard International High Dividend Yield ETF 6.7 22 -3 9.8 +3.2
SXUS Janus Henderson International Sustainable Equity ETF 6.6 60 -41 4.2 -2.4
DWX SPDR S&P International Dividend ETF 6.6 45 -26 6.5 -0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 6.5 7 12 6.7 +0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 6.5 39 -20 7.5 +1.0
GSIB Themes Global Systemically Important Banks ETF 6.5 35 -16 13.4 +6.8
CGXU Capital Group International Focus Equity ETF 6.4 54 -35 4.9 -1.7
DIHP Dimensional International High Profitability ETF 6.4 29 -10 7.6 +1.1
LVHI Franklin International Low Volatility High Dividend Index ET 6.4 40 -21 10.1 +3.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 6.3 39 -20 7.4 +0.8
DFAI Dimensional International Core Equity Market ETF 6.2 18 1 7.3 +0.7
VIGI Vanguard International Dividend Appreciation ETF 6.1 15 4 6.4 -0.2
ACWX iShares MSCI ACWI ex U.S. ETF 6.1 34 -15 7.0 +0.4
CWI SPDR MSCI ACWI ex-US ETF 6.0 30 -11 6.9 +0.4
KEAT Keating Active ETF 5.9 85 -66 0.0 -6.6
TMFG Motley Fool Global Opportunities ETF 5.9 85 -66 3.2 -3.4
FNDF Schwab Fundamental International Large Co. Index ETF 5.8 25 -6 9.9 +3.3
TPYP Tortoise North American Pipeline Fund 5.8 40 -21 4.2 -2.4
TTAI FCF International Quality ETF 5.7 59 -40 5.6 -1.0
IPAV Global X Infrastructure Development ex-U.S. ETF 5.6 55 -36 9.7 +3.1
MXI iShares Global Materials ETF 5.4 41 -22 7.0 +0.4
JIG JPMorgan International Growth ETF 5.4 55 -36 4.6 -2.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 5.4 85 -66 3.5 -3.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 5.4 47 -28 9.4 +2.8
DSTX Distillate International Fundamental Stability & Value ETF 5.3 55 -36 8.0 +1.4
IQDE FlexShares International Quality Dividend Defensive Index ET 5.3 47 -28 14.8 +8.2
VXUS Vanguard Total International Stock ETF 5.3 7 12 7.2 +0.6
DFIC Dimensional International Core Equity 2 ETF 5.2 23 -4 7.7 +1.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 5.2 56 -37 13.5 +6.9
IXUS iShares Core MSCI Total International Stock ETF 5.2 7 12 7.2 +0.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 5.2 65 -46 12.8 +6.2
VEU Vanguard FTSE All-World ex-US Index Fund 5.0 8 11 7.3 +0.7
VSGX Vanguard ESG International Stock ETF 5.0 12 7 6.8 +0.2
IQDF FlexShares International Quality Dividend Index Fund 5.0 47 -28 12.9 +6.3
DFSI Dimensional International Sustainability Core 1 ETF 5.0 24 -5 6.5 -0.1
DFIV Dimensional International Value ETF 4.9 27 -8 10.0 +3.4
IGE iShares North American Natural Resources ETF 4.9 41 -22 6.1 -0.5
BKCI BNY Mellon Concentrated International ETF 4.9 80 -61 4.2 -2.4
INTF iShares International Equity Factor ETF 4.7 15 4 8.2 +1.6
IXG iShares Global Financials ETF 4.7 42 -23 6.2 -0.4
IQLT iShares MSCI Intl Quality Factor ETF 4.4 30 -11 6.2 -0.4
FILL iShares MSCI Global Energy Producers ETF 4.4 39 -20 9.6 +3.0
UDI USCF Dividend Income Fund 4.3 65 -46 7.3 +0.7
GVLU Gotham 1000 Value ETF 4.3 50 -31 7.4 +0.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 4.2 24 -5 8.7 +2.1
FPXI First Trust International Equity Opportunities ETF 4.2 70 -51 4.9 -1.7
BLES Inspire Global Hope ETF 4.1 61 -42 6.4 -0.2
DIVY Sound Equity Dividend Income ETF 4.0 45 -26 10.6 +4.0
IDV iShares International Select Dividend ETF 3.9 51 -32 12.2 +5.6
PNQI Invesco NASDAQ Internet ETF 3.9 60 -41 2.3 -4.3
CCSO Carbon Collective Climate Solutions US Equity ETF 3.9 35 -16 1.9 -4.7
NETZ TCW Transform Systems ETF 3.9 75 -56 3.6 -3.0
GCOW Pacer Global Cash Cows Dividend ETF 3.9 60 -41 12.5 +5.9
RODE Hartford Multifactor Diversified International ETF 3.8 29 -10 11.8 +5.2
MBOX Freedom Day Dividend ETF 3.8 39 -20 7.4 +0.8
FYLD Cambria Foreign Shareholder Yield ETF 3.8 59 -40 13.6 +7.0
DIVZ TrueShares Low Volatility Equity Income ETF 3.7 65 -46 7.2 +0.6
SPRX Spear Alpha ETF 3.7 75 -56 2.3 -4.3
SCHY Schwab International Dividend Equity ETF 3.7 14 5 9.3 +2.8
BUYZ Franklin Disruptive Commerce ETF 3.6 50 -31 1.8 -4.8
BWEB Bitwise Web3 ETF 3.6 85 -66 0.7 -5.9
PCGG Polen Capital Global Growth ETF 3.6 85 -66 3.5 -3.1
ARKF ARK Fintech Innovation ETF 3.6 75 -56 -0.4 -7.0
ARKK ARK Innovation ETF 3.6 75 -56 -3.2 -9.8
ARKW ARK Next Generation Internet ETF 3.6 87 -68 -0.7 -7.3
FDNI First Trust Dow Jones International Internet ETF 3.6 65 -46 2.1 -4.5
AOTG AOT Growth and Innovation ETF 3.6 75 -56 3.1 -3.5
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.6 65 -46 3.9 -2.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.6 30 -11 8.0 +1.4
IQRA IQ CBRE Real Assets ETF 3.6 65 -46 5.2 -1.4
CGGR Capital Group Growth ETF 3.5 39 -20 3.2 -3.4
OAIM OneAscent International Equity ETF 3.4 95 -76 5.1 -1.5
DTAN Sparkline International Intangible Value ETF 3.4 55 -36 9.2 +2.6
JHID John Hancock International High Dividend ETF 3.4 46 -27 11.3 +4.8
CGDG Capital Group Dividend Growers ETF 3.3 47 -28 6.6 +0.0
GDX VanEck Gold Miners ETF 3.3 51 -32 4.5 -2.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 3.3 25 -6 5.6 -1.0
BNE Blue Horizon BNE ETF 3.2 87 -68 4.6 -2.0
CCNR ALPS CoreCommodity Natural Resources ETF 3.2 39 -20 11.0 +4.4
SGDM Sprott Gold Miners ETF 3.2 50 -31 5.4 -1.2
RING iShares MSCI Global Gold Miners ETF 3.2 39 -20 5.6 -1.0
SLVP iShares MSCI Global Silver Miners ETF 3.2 39 -20 3.2 -3.4
KOKU Xtrackers MSCI Kokusai Equity ETF 3.2 9 10 5.2 -1.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.1 12 7 4.8 -1.8
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 3.1 60 -41 4.8 -1.8
DEW WisdomTree Global High Dividend Fund 3.1 58 -39 8.5 +1.9
GLBL Pacer MSCI World Industry Advantage ETF 2.9 65 -46 4.7 -1.9
IMFL Invesco International Developed Dynamic Multifactor ETF 2.9 34 -15 5.9 -0.7
CGDV Capital Group Dividend Value ETF 2.9 33 -14 5.6 -1.0
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 2.9 85 -66 8.6 +2.0
HAP VanEck Natural Resources ETF 2.8 50 -31 10.0 +3.4
ICAP InfraCap Equity Income Fund ETF 2.7 171 -152 6.0 -0.6
IQM Franklin Intelligent Machines ETF 2.7 50 -31 3.2 -3.4
CVAR Cultivar ETF 2.7 87 -68 6.7 +0.1
BIGFX Baron International Growth Retail 2.7 75 -56 3.1 -3.5
CGUS Capital Group Core Equity ETF 2.7 33 -14 4.4 -2.2
CGGO Capital Group Global Growth Equity ETF 2.7 47 -28 4.6 -2.0
RVRB Reverb ETF 2.6 30 -11 4.7 -1.9
JSTC Adasina Social Justice All Cap Global ETF 2.6 89 -70 4.9 -1.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.6 20 -1 5.2 -1.4
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.6 49 -30 10.4 +3.8
CRTC Xtrackers US National Critical Technologies ETF 2.6 35 -16 5.1 -1.5
SILJ ETFMG Prime Junior Silver Miners ETF 2.5 69 -50 1.5 -5.1
NVIR Horizon Kinetics Energy and Remediation ETF 2.5 85 -66 1.5 -5.1
AGMI Themes Silver Miners ETF 2.4 35 -16 4.5 -2.1
TOK iShares MSCI Kokusai ETF 2.4 26 -7 5.0 -1.6
BDAIX Baron Durable Advantage 2.4 75 -56 3.7 -2.9
AFK VanEck Africa Index ETF 2.4 98 -79 9.1 +2.5
IDHQ Invesco S&P International Developed High Quality ETF 2.4 29 -10 6.5 -0.1
INNO Harbor Disruptive Innovation ETF 2.3 75 -56 1.6 -5.0
IVLU iShares MSCI Intl Value Factor ETF 2.3 30 -11 11.4 +4.9
URTH iShares MSCI World ETF 2.3 24 -5 5.2 -1.4
GSFP Goldman Sachs Future Planet Equity ETF 2.3 75 -56 4.2 -2.4
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 2.3 55 -36 2.9 -3.7
BLLD JPMorgan Sustainable Infrastructure ETF 2.3 49 -30 5.7 -0.9
COPX Global X Copper Miners ETF 2.3 65 -46 8.2 +1.6
ICOP iShares Copper and Metals Mining ETF 2.3 47 -28 10.1 +3.5
PICK iShares MSCI Global Metals & Mining Producers ETF 2.3 39 -20 12.8 +6.3
COPA Themes Copper Miners ETF 2.3 35 -16 7.3 +0.7
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 9 5.4 -1.2
VIDI Vident International Equity Strategy ETF 2.2 61 -42 10.2 +3.6
QWLD SPDR MSCI World StrategicFactors ETF 2.2 30 -11 5.9 -0.7
ISHP First Trust Nasdaq Retail ETF 2.2 60 -41 2.9 -3.7
CGIE Capital Group International Equity ETF 2.1 54 -35 4.9 -1.7
ACWI iShares MSCI ACWI ETF 2.1 32 -13 5.3 -1.3
BKWO BNY Mellon Women's Opportunities ETF 2.1 50 -31 3.9 -2.7
VRAI Virtus Real Asset Income ETF 2.0 55 -36 8.0 +1.4
JXI iShares Global Utilities ETF 2.0 43 -24 5.9 -0.7
LNGG Roundhill Alerian LNG ETF 2.0 65 -46 9.1 +2.5
KNO AXS Knowledge Leaders ETF 2.0 78 -59 4.9 -1.7
AMZA InfraCap MLP ETF 2.0 164 -145 4.2 -2.4
TOLL Tema Monopolies and Oligopolies ETF 1.9 75 -56 3.3 -3.3
ECLN First Trust EIP Carbon Impact ETF 1.9 96 -77 4.3 -2.3
CZA Invesco Zacks Mid-Cap ETF 1.9 72 -53 5.6 -1.0
MOTG VanEck Morningstar Global Wide Moat ETF 1.9 52 -33 5.6 -1.0
EXI iShares Global Industrials ETF 1.9 42 -23 4.5 -2.1
VT Vanguard Total World Stock ETF 1.9 7 12 5.5 -1.1
RFDI First Trust Riverfront Dynamic Developed International ETF 1.9 83 -64 10.0 +3.4
AUMI Themes Gold Miners ETF 1.8 35 -16 10.4 +3.8
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.8 45 -26 5.7 -0.9
DINT Davis Select International ETF 1.8 55 -36 6.0 -0.6
DWLD Davis Select Worldwide ETF 1.8 63 -44 6.7 +0.1
MVPS Amplify Thematic All-Stars ETF 1.8 49 -30 2.7 -3.9
GLOF iShares Global Equity Factor ETF 1.8 20 -1 7.0 +0.4
TOGA Tremblant Global ETF 1.7 69 -50 1.9 -4.7
ION ProShares S&P Global Core Battery Metals ETF 1.7 58 -39 15.5 +8.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 10 5.4 -1.2
EMLP First Trust North American Energy Infrastructure Fund 1.7 95 -76 4.5 -2.1
ACTV LeaderShares Activist Leaders ETF 1.7 75 -56 6.7 +0.1
SFYF SoFi Social 50 ETF 1.7 29 -10 -2.2 -8.8
QLV FlexShares US Quality Low Volatility Index Fund 1.6 22 -3 3.8 -2.8
DUSA Davis Select U.S. Equity ETF 1.6 61 -42 7.1 +0.5
ARKQ ARK Autonomous Technology & Robotics ETF 1.6 75 -56 2.4 -4.2
FFOG Franklin Focused Growth ETF FOCUSED GROWTH ETF 1.6 61 -42 2.8 -3.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 1.5 39 -20 -1.7 -8.2
FDG American Century Focused Dynamic Growth ETF 1.5 45 -26 2.6 -4.0
DIVL Madison Dividend Value ETF 1.5 65 -46 5.5 -1.1
KOCG FIS Knights of Columbus Global Belief ETF 1.4 75 -56 5.0 -1.6
GBUY Goldman Sachs Future Consumer Equity ETF 1.4 75 -56 3.3 -3.3
IXN iShares Global Tech ETF 1.4 41 -22 4.5 -2.1
BSCFX Baron Small Cap Retail 1.4 75 -56 3.5 -3.1
EPU iShares MSCI Peru and Global Exposure ETF 1.3 59 -40 5.5 -1.1
DGT SPDR Global Dow ETF 1.3 50 -31 6.8 +0.2
FTRI First Trust Indxx Global Natural Resources Income ETF 1.3 70 -51 9.8 +3.2
ANEW ProShares MSCI Transformational Changes ETF 1.3 45 -26 3.6 -3.0
BECO BlackRock Future Climate and Sustainable Economy ETF 1.3 70 -51 11.9 +5.3
FTAG First Trust Indxx Global Agriculture ETF 1.3 70 -51 9.7 +3.1
IVEG iShares Emergent Food and AgTech Multisector ETF 1.3 47 -28 8.0 +1.4
VEGI iShares MSCI Agriculture Producers ETF 1.3 39 -20 9.2 +2.6
MOTI VanEck Morningstar International Moat ETF 1.3 58 -39 5.9 -0.7
ESGG FlexShares STOXX Global ESG Select Index Fund 1.3 42 -23 5.1 -1.5
GINN Goldman Sachs Innovate Equity ETF 1.3 52 -33 2.8 -3.8
EIPX FT Energy Income Partners Strategy ETF 1.2 95 -76 6.0 -0.6
SAGP Strategas Global Policy Opportunities ETF 1.2 65 -46 5.3 -1.3
WCLD WisdomTree Cloud Computing Fund 1.2 45 -26 1.5 -5.1
FBCV Fidelity Blue Chip Value ETF 1.2 59 -40 7.0 +0.4
KXI iShares Global Consumer Staples ETF 1.2 41 -22 5.7 -0.9
SETM Sprott Energy Transition Materials ETF 1.2 65 -46 6.0 -0.6
GMET VanEck Green Metals ETF 1.2 63 -44 10.7 +4.1
CVY Invesco Zacks Multi-Asset Income ETF 1.1 106 -87 9.8 +3.2
ARTY iShares Future AI & Tech ETF 1.1 47 -28 3.8 -2.8
FDTX Fidelity Disruptive Technology ETF 1.1 50 -31 2.8 -3.8
AIQ Global X Artificial Intelligence & Technology ETF 1.1 68 -49 4.0 -2.6
MDLV Morgan Dempsey Large Cap Value ETF 1.1 58 -39 7.8 +1.3
IBUY Amplify Online Retail ETF 1.1 65 -46 1.4 -5.2
QUVU Hartford Quality Value ETF 1.0 46 -27 6.6 +0.0
BTEK Future Tech ETF 1.0 88 -69 2.3 -4.3
FNDC Schwab Fundamental International Small Co. Index ETF 1.0 39 -20 7.2 +0.6
EATZ AdvisorShares Restaurant ETF 1.0 101 -82 3.2 -3.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.0 75 -56 3.4 -3.2
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.0 52 -33 6.7 +0.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.0 75 -56 4.3 -2.3
SAMT Strategas Macro Thematic Opportunities ETF 1.0 65 -46 4.1 -2.5
VCLN Virtus Duff & Phelps Clean Energy ETF 1.0 59 -40 3.9 -2.7
URA Global X Uranium ETF 1.0 69 -50 2.4 -4.2
TIME Clockwise Core Equity & Innovation ETF 1.0 95 -76 2.3 -4.3
LOUP Innovator Deepwater Frontier Tech ETF 1.0 70 -51 1.3 -5.3
SWP SWP Growth & Income ETF 1.0 99 -80 4.1 -2.5
URAN Themes Uranium & Nuclear ETF 1.0 35 -16 1.9 -4.7
HART IQ Healthy Hearts ETF 1.0 45 -26 5.0 -1.6
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.9 60 -41 6.4 -0.2
RXI iShares Global Consumer Discretionary ETF 0.9 41 -22 5.4 -1.2
FFLC Fidelity Fundamental Large Cap Core ETF 0.9 38 -19 4.8 -1.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.9 75 -56 2.9 -3.7
GINX SGI Enhanced Global Income ETF 0.9 98 -79 5.6 -1.0
EIPI FT Energy Income Partners Enhanced Income ETF 0.9 110 -91 5.1 -1.5
UIVM VictoryShares International Value Momentum ETF 0.9 35 -16 11.0 +4.4
FIDU Fidelity MSCI Industrial Index ETF 0.9 8 11 4.5 -2.1
NXTG First Trust Indxx NextG ETF 0.9 70 -51 6.2 -0.4
WLDR Affinity World Leaders Equity ETF 0.9 67 -48 8.1 +1.5
TRFM AAM Transformers ETF 0.8 49 -30 2.0 -4.6
WDNA WisdomTree BioRevolution Fund 0.8 45 -26 -3.8 -10.4
DMAT Global X Disruptive Materials ETF 0.8 59 -40 10.5 +3.9
BATT Amplify Lithium & Battery Technology ETF 0.8 59 -40 -0.1 -6.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.7 49 -30 7.0 +0.4
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.7 38 -19 5.7 -0.9
EBIZ Global X E-Commerce ETF 0.7 50 -31 2.1 -4.5
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.7 35 -16 5.1 -1.5
RUNN Running Oak Efficient Growth ETF 0.7 58 -39 4.5 -2.1
DARP Grizzle Growth ETF 0.7 75 -56 3.3 -3.3
NTZG Nuveen Global Net Zero Transition ETF 0.7 56 -37 4.7 -1.9
BINV Brandes International ETF 0.7 70 -51 8.5 +1.9
IXP iShares Global Comm Services ETF 0.7 42 -23 5.1 -1.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -46 8.2 +1.6
XT iShares Exponential Technologies ETF 0.7 46 -27 4.8 -1.8
BTHM BlackRock Future U.S. Themes ETF 0.7 60 -41 4.2 -2.4
RAYD Rayliant Quantitative Developed Market Equity ETF 0.7 80 -61 3.8 -2.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.7 58 -39 4.6 -2.0
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 -10 4.7 -1.9
RGEF Rockefeller Global Equity ETF 0.6 55 -36 5.0 -1.6
LRGC AB US Large Cap Strategic Equities ETF 0.6 48 -29 4.6 -2.0
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.6 15 4 6.7 +0.1
FMIL Fidelity New Millennium ETF 0.6 59 -40 4.8 -1.8
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -51 3.8 -2.8
SDG iShares MSCI Global Sustainable Development Goals ETF 0.5 49 -30 5.6 -1.0
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.5 10 9 7.7 +1.1
EBLU Ecofin Global Water ESG Fund 0.5 40 -21 4.9 -1.7
FIXT Procure Disaster Recovery Strategy ETF 0.5 75 -56 5.8 -0.8
PIO Invesco Global Water ETF 0.5 75 -56 5.2 -1.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 -28 4.9 -1.7
AHOY Newday Ocean Health ETF 0.5 75 -56 6.2 -0.4
FVD First Trust Value Line Dividend Index Fund 0.5 65 -46 6.3 -0.3
PHO Invesco Water Resources ETF 0.5 60 -41 4.4 -2.2
ACWV iShares MSCI Global Min Vol Factor ETF 0.5 20 -1 6.3 -0.3
PRAY FIS Christian Stock Fund 0.4 69 -50 5.9 -0.7
CIBR First Trust NASDAQ Cybersecurity ETF 0.4 60 -41 4.1 -2.5
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.4 20 -1 5.6 -1.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.4 15 4 4.5 -2.1
DFIS Dimensional International Small Cap ETF 0.4 39 -20 6.9 +0.3
BCDF Horizon Kinetics Blockchain Development ETF 0.4 85 -66 3.9 -2.7
EV Mast Global Battery Recycling & Production ETF 0.4 65 -46 12.2 +5.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 -46 0.2 -6.4
WRND IQ Global Equity R&D Leaders ETF 0.4 18 1 7.5 +0.9
AVDV Avantis International Small Cap Value ETF 0.4 36 -17 8.1 +1.6
INCE Franklin Income Equity Focus ETF 0.4 29 -10 5.7 -0.9
AGQI First Trust Active Global Quality Income ETF 0.4 85 -66 5.9 -0.7
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.4 79 -60 4.6 -2.0
VAMO Cambria Value & Momentum ETF 0.4 61 -42 8.2 +1.6
XMAG Defiance Large Cap ex-Mag 7 ETF 0.4 35 -16 5.1 -1.5
KNCT Invesco Next Gen Connectivity ETF 0.4 40 -21 5.6 -1.0
DRIV Global X Autonomous & Electric Vehicles ETF 0.3 68 -49 4.8 -1.8
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 4 6.8 +0.2
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -40 2.8 -3.8
ACVF American Conservative Values ETF 0.3 75 -56 4.2 -2.4
EINC VanEck Energy Income ETF 0.3 48 -29 3.6 -3.0
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.3 60 -41 5.5 -1.1
PPA Invesco Aerospace & Defense ETF 0.3 58 -39 2.5 -4.1
DMDV AAM S&P Developed Markets High Dividend Value ETF 0.3 39 -20 12.1 +5.5
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 -56 5.4 -1.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 -1 6.3 -0.3
TEMP JPMorgan Climate Change Solutions ETF 0.2 49 -30 5.5 -1.1
CUT Invesco MSCI Global Timber ETF 0.2 61 -42 8.4 +1.8
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -43 3.6 -3.0
WOOD iShares Global Timber & Forestry ETF 0.2 42 -23 9.8 +3.2
JGRO JPMorgan Active Growth ETF 0.2 44 -25 3.5 -3.1
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 -4 9.1 +2.5
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 -20 6.9 +0.4
FRNW Fidelity Clean Energy ETF 0.2 39 -20 2.6 -4.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 -5 7.3 +0.7
OCEN IQ Clean Oceans ETF 0.2 45 -26 6.1 -0.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.2 15 4 5.8 -0.8
GXG Global X MSCI Colombia ETF 0.2 62 -43 15.8 +9.2
PBD Invesco Global Clean Energy ETF 0.2 75 -56 -5.3 -11.9
PBW Invesco WilderHill Clean Energy ETF 0.2 66 -47 -13.7 -20.3
ICLN iShares Global Clean Energy ETF 0.2 41 -22 6.0 -0.6
SMDY Syntax Stratified MidCap ETF 0.2 35 -16 5.8 -0.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 15 5.6 -1.0
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 12 5.0 -1.6
AVRE Avantis Real Estate ETF 0.1 17 2 5.9 -0.7
JRE Janus Henderson U.S. Real Estate ETF 0.1 65 -46 5.6 -1.0
ROOF IQ CBRE NextGen Real Estate ETF 0.1 60 -41 8.1 +1.5
DFGR Dimensional Global Real Estate ETF 0.1 22 -3 6.2 -0.4
ERET iShares Environmentally Aware Real Estate ETF 0.1 30 -11 6.5 -0.1
IFGL iShares International Developed Real Estate ETF 0.1 48 -29 6.9 +0.4
REET iShares Global REIT ETF 0.1 14 5 6.2 -0.4
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 -31 6.1 -0.5
RWX SPDR Dow Jones International Real Estate ETF 0.1 59 -40 7.4 +0.8
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.1 12 7 8.3 +1.7
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 -1 1.0 -5.6
ROUS Hartford Multifactor US Equity ETF 0.1 19 0 6.5 -0.1
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -56 3.9 -2.7
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 7 7.8 +1.2
CRUZ Defiance Hotel Airline and Cruise ETF 0.1 45 -26 -4.6 -11.1
JETS U.S. Global Jets ETF 0.1 60 -41 -13.3 -19.9
AIRL Themes Airlines ETF 0.1 35 -16 -16.7 -23.3
PBUS Invesco MSCI USA ETF 0.1 4 15 5.0 -1.6
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -23 4.5 -2.1
ERNZ TrueShares Active Yield ETF 0.1 75 -56 10.9 +4.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 7 6.2 -0.4
IUS Invesco RAFI Strategic US ETF 0.1 19 0 6.8 +0.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 4 4.7 -1.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 -2 3.8 -2.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 1 7.2 +0.6
OPTZ Optimize Strategy Index ETF 0.1 50 -31 2.9 -3.7
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -23 6.1 -0.5
APIE ActivePassive International Equity ETF 0.0 45 -26 8.1 +1.5
AVUS Avantis U.S. Equity ETF 0.0 15 4 5.6 -1.0
DISV Dimensional International Small Cap Value ETF 0.0 42 -23 9.1 +2.6
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 2 6.9 +0.3
JHML John Hancock Multifactor Large Cap ETF 0.0 29 -10 5.3 -1.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 8 4.9 -1.7
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 1 6.4 -0.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 4 4.9 -1.7
GWX SPDR S&P International Small Cap ETF 0.0 40 -21 6.5 -0.1

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

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

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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

Historical valuation trends

Forward
multiple:		 JPMorgan BetaBuilders Canada ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.8 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 6.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 CATEGORY
AVERAGE		 1.60
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.