Roundhill Sports Betting & iGaming ETF
ALTAR
Score™		 3.1% info Recommen-
dation		 NEUTRAL
2021E    2022E
P/E
ratio		 45.8x P/Sales
ratio		 2.5x
P/BV
ratio		 3.6x Div.
yield		 1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
BETZ tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry.

FUND BASICS
Category Global Equities
Fund Sponsor Roundhill Investments
Website www.roundhillinvestments.com
Inception date Jun 04, 2020
Assets (mns) $456
Currency USD
Expense ratio 75 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 41
Wgt avg mkt cap (mns) $5,853
Large cap (>$10bn) 24.3%
Mid cap ($2-10bn) 41.2%
Small cap (<$2bn) 32.2%
Developed mkts 92.3%
Emerging mkts 0.0%

TOP TEN HOLDINGS
GVC HOLDINGS PLC 4.5 %
POINTSBET HOLDINGS LTD. 4.4 %
UNIBET GROUP PLC-SDR 4.3 %
PADDY POWER PLC 4.1 %
PENN NATIONAL GAMING INC 3.8 %
DRAFTKINGS INC CLASS A 3.7 %
KAMBI GROUP PLC CLASS B 3.6 %
SCIENTIFIC GAMES CORP-A 3.5 %
EVOLUTION GAMING GROUP AB 3.4 %
ELDORADO RESORTS INC 3.3 %
Total 38.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 25.3 %
BRITAIN 14.3 %
AUSTRALIA 10.7 %
MALTA 10.6 %
SWEDEN 7.9 %
IRELAND 4.1 %
GIBRALTAR 3.0 %
CANADA 2.2 %
FRANCE 2.0 %
GREECE 2.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
23.1% -- -- -- 111.1%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $30.01
30d moving avg. $31.66
Annualized volatility 0.0%
Short interest (ETF) 0.5%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 407
Turnover 2.7%
Bid/Ask (% of price) 0.17%
ADV underlying (mns) $3,493

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 379 potential alternatives to the Roundhill Sports Betting & iGaming ETF ETF based on the alternatives' overlap in portfolio holdings with BETZ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BETZ Expense: 75 bp ALTAR Score™: 3.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BETZ
Ticker Fund
Name		 Overlap1
vs BETZ
(%)		 Expense
ratio
(bp)		 Savings
vs BETZ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs BETZ
(%)
BJK VanEck Vectors Gaming ETF 31.5 65 10 1.9 -1.3
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 13.8 60 15 0.5 -2.6
VICE AdvisorShares Vice ETF 11.0 99 -24 3.2 +0.1
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 6.8 103 -28 1.8 -1.3
PEJ Invesco Dynamic Leisure & Entertainment ETF 6.6 63 12 0.0 -3.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 5.3 70 5 2.3 -0.8
IMOM Alpha Architect International Quantitative Momentum ETF 5.2 59 16 3.2 +0.1
BUZZ VanEck Vectors Social Sentiment ETF 4.6 75 0 3.1 0.0
PDP Invesco DWA Momentum ETF 4.4 62 13 2.5 -0.6
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 4.2 40 35 3.7 +0.6
CSD Invesco S&P Spin-Off ETF 3.8 62 13 4.0 +0.9
SPAK Defiance Next Gen SPAC Derived ETF 3.6 45 30 -1.8 -5.0
JHMC John Hancock Multifactor Consumer Discretionary ETF 3.5 40 35 3.1 -0.1
SLT Pacer Salt High truBeta US Market ETF 3.4 60 15 2.8 -0.3
EWD iShares MSCI Sweden ETF 3.3 51 24 7.6 +4.4
GXF Global X FTSE Nordic Region ETF 3.3 56 19 7.1 +3.9
QQQJ Invesco NASDAQ Next Gen 100 ETF 3.3 15 60 2.4 -0.8
QQQN VictoryShares Nasdaq Next 50 ETF 3.1 18 57 3.1 -0.0
PIZ Invesco DWA Developed Markets Momentum ETF 2.7 80 -5 3.5 +0.4
BFTR Future Innovators ETF 2.3 80 -5 -1.2 -4.3
FKU First Trust United Kingdom AlphaDEX Fund 2.3 80 -5 7.1 +4.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 2.3 60 15 5.9 +2.7
CBSE Changebridge Capital Sustainable Equity ETF 2.2 85 -10 1.9 -1.3
IWO iShares Russell 2000 Growth ETF 2.2 24 51 0.1 -3.1
IVAL Alpha Architect International Quantitative Value ETF 2.2 59 16 7.6 +4.5
VTWG Vanguard Russell 2000 Growth Index Fund 2.1 15 60 0.2 -3.0
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 2.0 49 26 4.2 +1.1
IPOS Renaissance International IPO ETF 2.0 80 -5 1.6 -1.5
FTLB First Trust Hedged BuyWrite Income ETF 2.0 85 -10 5.0 +1.9
FTHI First Trust High Income ETF 2.0 85 -10 5.0 +1.9
DWMF WisdomTree International Multifactor Fund 2.0 38 37 6.0 +2.8
GREK Global X FTSE Greece 20 ETF 2.0 58 17 4.0 +0.9
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 2.0 60 15 1.8 -1.3
FEP First Trust Europe AlphaDEX Fund 1.9 80 -5 7.0 +3.8
FPXI First Trust International Equity Opportunities ETF 1.9 70 5 2.1 -1.0
KSCD KFA Small Cap Quality Dividend Index ETF 1.9 51 24 4.6 +1.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.8 70 5 1.1 -2.0
IWM iShares Russell 2000 ETF 1.8 19 56 2.6 -0.6
VTWO Vanguard Russell 2000 Index Fund 1.8 10 65 2.7 -0.5
FLGB Franklin FTSE United Kingdom ETF 1.8 9 66 6.7 +3.6
IDMO Invesco S&P International Developed Momentum ETF 1.8 25 50 3.6 +0.4
FTC First Trust Large Cap Growth AlphaDEX Fund 1.7 60 15 2.8 -0.4
FYLD Cambria Foreign Shareholder Yield ETF 1.7 59 16 6.6 +3.5
RXI iShares Global Consumer Discretionary ETF 1.6 46 29 3.7 +0.6
SMEZ SPDR EURO STOXX Small Cap ETF 1.6 45 30 0.0 -3.1
IEME iShares Evolved U.S. Media & Entertainment ETF 1.6 18 57 4.7 +1.6
GAMR ETFMG Video Game Tech ETF 1.6 75 0 3.1 -0.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.5 63 12 2.0 -1.2
IWN iShares Russell 2000 Value ETF 1.5 24 51 4.6 +1.4
VTWV Vanguard Russell 2000 Value Index Fund 1.5 15 60 4.6 +1.5
ARKW ARK Web x.0 ETF 1.5 79 -4 -0.9 -4.1
VBK Vanguard Small-Cap Growth Index Fund 1.5 7 68 1.9 -1.2
INTF iShares Edge MSCI Multifactor Intl ETF 1.5 30 45 7.1 +4.0
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.5 8 67 3.4 +0.2
OSCV Opus Small Cap Value Plus ETF 1.5 79 -4 4.0 +0.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.5 7 68 3.9 +0.7
SPGP Invesco S&P 500 GARP ETF 1.4 34 41 6.2 +3.1
VCR Vanguard Consumer Discretionary Index Fund 1.4 10 65 3.3 +0.2
VFMO Vanguard U.S. Momentum Factor ETF 1.4 13 62 2.6 -0.5
IUSS Invesco Strategic US Small Company ETF 1.4 23 52 3.3 +0.2
SCHM Schwab U.S. Mid-Cap ETF 1.3 4 71 4.6 +1.4
XLY Consumer Discretionary Select Sector SPDR Fund 1.3 12 63 3.1 -0.0
DWCR Arrow DWA Country Rotation ETF 1.3 136 -61 3.4 +0.3
SCHA Schwab U.S. Small-Cap ETF 1.3 4 71 3.5 +0.4
SPXZ Morgan Creek - Exos SPAC Originated ETF 1.3 100 -25 0.6 -2.5
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.3 35 40 3.8 +0.7
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.3 25 50 4.6 +1.5
IQDF FlexShares International Quality Dividend Index Fund 1.2 47 28 7.8 +4.7
SMDY Syntax Stratified MidCap ETF 1.2 30 45 4.8 +1.7
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.2 75 0 3.2 +0.1
FPX First Trust US IPO Index Fund 1.2 58 17 1.2 -1.9
ITEQ BlueStar Israel Technology ETF 1.2 75 0 1.7 -1.4
SPHB Invesco S&P 500 High Beta ETF 1.2 25 50 4.8 +1.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.2 20 55 4.0 +0.8
SMDV ProShares Russell 2000 Dividend Growers ETF 1.1 41 34 4.9 +1.8
EWUS iShares MSCI United Kingdom Small Cap ETF 1.1 59 16 5.0 +1.9
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 1.1 112 -37 1.8 -1.4
ARKK ARK Innovation ETF 1.1 75 0 -1.3 -4.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.1 80 -5 6.8 +3.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.1 15 60 4.1 +1.0
AIEQ AI Powered Equity ETF 1.1 80 -5 2.1 -1.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.1 15 60 4.1 +1.0
IJK iShares S&P Mid-Cap 400 Growth ETF 1.1 17 58 4.1 +1.0
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.1 6 69 4.0 +0.9
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 1.0 61 14 4.4 +1.3
IYC iShares U.S. Consumer Services ETF 1.0 43 32 2.6 -0.6
FDT First Trust Developed Markets ex-US Alphadex Fund 1.0 80 -5 7.5 +4.3
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.0 17 58 3.9 +0.8
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.9 25 50 5.7 +2.6
ARKF ARK Fintech Innovation ETF 0.9 75 0 0.5 -2.6
KLDW Gavekal Knowledge Leaders Developed World ETF 0.9 75 0 4.0 +0.9
GWX SPDR S&P International Small Cap ETF 0.9 40 35 4.8 +1.7
UIVM VictoryShares USAA MSCI International Value Momentum ETF 0.9 35 40 7.5 +4.4
STSB iShares Factors US Small Blend Style ETF 0.9 35 40 3.5 +0.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.9 6 69 5.8 +2.7
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.9 30 45 3.9 +0.8
AIIQ AI Powered International Equity ETF 0.9 79 -4 3.5 +0.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.9 47 28 8.4 +5.3
FDNI First Trust Dow Jones International Internet ETF 0.8 65 10 1.8 -1.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.8 20 55 6.0 +2.9
IEUS iShares MSCI Europe Small-Cap ETF 0.8 40 35 4.9 +1.8
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.8 40 35 7.0 +3.9
IQLT iShares Edge MSCI Intl Quality Factor ETF 0.8 30 45 5.1 +2.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.8 46 29 5.7 +2.5
SFYX Sofi Next 500 ETF 0.8 0 75 4.9 +1.7
FDEV Fidelity Targeted International Factor ETF 0.7 39 36 5.6 +2.5
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.7 18 57 3.3 +0.2
FLEH Franklin FTSE Europe Hedged ETF 0.7 9 66 6.1 +2.9
FLEE Franklin FTSE Europe ETF 0.7 9 66 6.0 +2.8
IMCB iShares Morningstar Mid-Cap ETF 0.7 4 71 4.6 +1.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.7 4 71 4.6 +1.4
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -14 5.0 +1.9
VOT Vanguard Mid-Cap Growth Index Fund 0.7 7 68 2.7 -0.4
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.7 40 35 5.2 +2.0
EWA iShares MSCI Australia ETF 0.7 51 24 4.9 +1.8
VGK Vanguard FTSE Europe ETF 0.7 8 67 6.1 +3.0
QINT American Century Quality Diversified International ETF 0.7 39 36 6.2 +3.0
XJH iShares ESG Screened S&P Mid-Cap ETF 0.7 12 63 5.2 +2.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.7 80 -5 7.5 +4.3
DFAI Dimensional International Core Equity Market ETF 0.7 18 57 6.0 +2.8
VO Vanguard Mid-Cap Index Fund 0.7 4 71 4.3 +1.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.7 34 41 6.9 +3.7
JHMM John Hancock Multifactor Mid Cap ETF 0.7 42 33 4.5 +1.3
VOE Vanguard Mid-Cap Value Index Fund 0.7 7 68 5.9 +2.7
IVOO Vanguard S&P Mid-Cap 400 ETF 0.6 10 65 5.2 +2.1
SPMD SPDR Portfolio Mid Cap ETF 0.6 5 70 5.3 +2.1
ISZE iShares Edge MSCI Intl Size Factor ETF 0.6 30 45 5.8 +2.7
IJH iShares Core S&P Mid-Cap ETF 0.6 5 70 5.3 +2.1
RBIN Nationwide Risk-Based International Equity ETF 0.6 42 33 5.7 +2.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.6 25 50 5.8 +2.7
RVRS Reverse Cap Weighted U.S. Large Cap ETF 0.6 29 46 5.1 +1.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.6 58 17 4.9 +1.8
FLAU Franklin FTSE Australia ETF 0.6 9 66 5.4 +2.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.6 47 28 5.5 +2.4
IMCG iShares Morningstar Mid-Cap Growth ETF 0.6 6 69 3.2 +0.0
VB Vanguard Small-Cap ETF 0.6 5 70 4.2 +1.1
EFG iShares MSCI EAFE Growth ETF 0.6 40 35 3.9 +0.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 36 5.0 +1.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.6 39 36 3.7 +0.6
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 0.6 20 55 0.0 -3.1
ISRA VanEck Vectors Israel ETF 0.6 62 13 5.6 +2.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 66 4.8 +1.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.6 39 36 3.5 +0.4
EMFM Global X MSCI Next Emerging & Frontier ETF 0.6 70 5 7.2 +4.0
DFE WisdomTree Europe SmallCap Dividend Fund 0.5 58 17 7.5 +4.4
IDHQ Invesco S&P International Developed Quality ETF 0.5 29 46 5.0 +1.8
PNQI Invesco NASDAQ Internet ETF 0.5 60 15 1.6 -1.6
EWU iShares MSCI United Kingdom ETF 0.5 51 24 6.5 +3.3
SCZ iShares MSCI Eafe Small-Cap ETF 0.5 40 35 5.1 +1.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.5 36 39 5.9 +2.7
JHSC John Hancock Multifactor Small Cap ETF 0.5 42 33 4.6 +1.4
RSP Invesco S&P 500 Equal Weight ETF 0.5 20 55 5.0 +1.9
FEX First Trust Large Cap Core AlphaDEX Fund 0.5 59 16 5.2 +2.0
IQDG WisdomTree International Quality Dividend Growth Fund 0.5 42 33 5.9 +2.8
RNLC Large Cap US Equity Select ETF 0.5 60 15 4.9 +1.8
HFXI IQ 50 Percent Hedged FTSE International ETF 0.5 20 55 6.2 +3.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 4 71 5.9 +2.7
JPIN JPMorgan Diversified Return International Equity ETF 0.5 37 38 6.8 +3.7
ACWF iShares MSCI Global Multifactor ETF 0.5 35 40 6.6 +3.5
IEUR iShares Core MSCI Europe ETF 0.5 9 66 6.0 +2.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.5 39 36 6.5 +3.4
ISCG iShares Morningstar Small-Cap Growth ETF 0.5 6 69 1.8 -1.4
FNX First Trust Mid Cap Core AlphaDEX Fund 0.5 60 15 5.0 +1.8
BKSE BNY Mellon US Small Cap Core Equity ETF 0.5 4 71 4.6 +1.4
SPEU SPDR Portfolio Europe ETF 0.5 9 66 6.0 +2.9
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.5 7 68 6.2 +3.1
ZGBR SPDR Solactive United Kingdom ETF 0.5 14 61 0.0 -3.1
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.5 35 40 5.8 +2.7
FYC First Trust Small Cap Growth AlphaDEX Fund 0.5 70 5 1.8 -1.4
RWK Invesco S&P MidCap 400 Revenue ETF 0.4 39 36 5.9 +2.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 26 4.3 +1.2
WLDR Affinity World Leaders Equity ETF 0.4 47 28 7.7 +4.5
SCHF Schwab International Equity ETF 0.4 6 69 6.2 +3.0
EPP iShares MSCI Pacific ex-Japan ETF 0.4 48 27 5.2 +2.1
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 0.4 19 56 5.6 +2.4
TUSA First Trust Total US Market AlphaDEX ETF 0.4 70 5 5.5 +2.4
VXF Vanguard Extended Market Index Fund 0.4 6 69 2.6 -0.6
VEA Vanguard FTSE Developed Markets ETF 0.4 5 70 6.2 +3.0
MAGA Point Bridge GOP Stock Tracker ETF 0.4 72 3 4.9 +1.8
IEV iShares Europe ETF 0.4 59 16 5.7 +2.5
DWAS Invesco DWA SmallCap Momentum ETF 0.4 60 15 -0.6 -3.8
ESGD iShares MSCI EAFE ESG Optimized ETF 0.4 20 55 6.0 +2.8
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 66 6.2 +3.0
FDMO Fidelity Momentum Factor ETF 0.4 29 46 2.8 -0.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.4 58 17 5.8 +2.6
SCHC Schwab International Small-Cap Equity ETF 0.4 11 64 4.9 +1.8
RESD WisdomTree International ESG Fund 0.4 30 45 5.9 +2.8
RNMC Mid Cap US Equity Select ETF 0.4 60 15 5.7 +2.6
ISCB iShares Morningstar Small-Cap ETF 0.4 4 71 4.0 +0.8
SPVU Invesco S&P 500 Enhanced Value ETF 0.4 13 62 8.2 +5.1
AVDV Avantis International Small Cap Value ETF 0.4 36 39 6.3 +3.2
IEFA iShares Core MSCI EAFE ETF 0.4 7 68 6.1 +2.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.4 20 55 5.9 +2.8
CIL VictoryShares International Volatility Weighted Index ETF 0.4 45 30 5.9 +2.8
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.4 45 30 5.9 +2.8
USMF WisdomTree U.S. Multifactor Fund 0.4 28 47 5.3 +2.2
BKIE BNY Mellon International Equity ETF 0.4 4 71 6.3 +3.1
VWID Virtus WMC International Dividend ETF 0.3 49 26 7.1 +4.0
SIZE iShares MSCI USA Size Factor ETF 0.3 15 60 4.9 +1.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.3 39 36 5.6 +2.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 34 6.0 +2.8
EFA iShares MSCI EAFE ETF 0.3 32 43 5.9 +2.8
PWC Invesco Dynamic Market ETF 0.3 58 17 4.2 +1.0
IDLB Invesco FTSE International Low Beta Equal Weight ETF 0.3 45 30 5.7 +2.6
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.3 21 54 3.1 -0.0
JHMD John Hancock Multifactor Developed International ETF 0.3 39 36 6.1 +2.9
VXUS Vanguard Total International Stock ETF 0.3 8 67 6.3 +3.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 63 4.4 +1.2
DLS WisdomTree International SmallCap Dividend Fund 0.3 58 17 7.7 +4.5
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 0.3 48 27 7.8 +4.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 55 6.0 +2.8
ENTR Entrepreneur 30 Fund 0.3 49 26 -0.9 -4.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 11 64 5.3 +2.1
IDEV iShares Core MSCI International Developed Markets ETF 0.3 5 70 6.0 +2.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.3 15 60 6.2 +3.0
MDYV SPDR S&P 400 Mid Cap Value ETF 0.3 15 60 6.2 +3.1
IJJ iShares S&P Mid-Cap 400 Value ETF 0.3 18 57 6.2 +3.0
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 69 5.8 +2.6
EUSA iShares MSCI USA Equal Weighted ETF 0.3 15 60 4.9 +1.8
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.3 63 12 5.0 +1.9
JPEM J.P. Morgan Diversified Return Emerging Markets Equity ETF 0.3 44 31 10.4 +7.3
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 8 67 6.4 +3.3
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 63 6.5 +3.3
HEWU iShares Currency Hedged MSCI United Kingdom ETF 0.3 51 24 6.3 +3.2
HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF 0.3 43 32 5.3 +2.1
HLGE Hartford Longevity Economy ETF 0.3 44 31 5.9 +2.7
IWS iShares Russell Mid-Cap Value ETF 0.3 24 51 5.2 +2.1
VT Vanguard Total World Stock ETF 0.3 8 67 5.2 +2.1
PQIN PGIM QMA Strategic Alpha International Equity ETF 0.3 29 46 6.7 +3.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 30 45 4.9 +1.8
IXUS ishares Core MSCI Total International Stock ETF 0.2 9 66 6.2 +3.1
FLFR Franklin FTSE France ETF 0.2 9 66 5.4 +2.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 66 4.9 +1.8
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.2 58 17 5.9 +2.8
VFLQ Vanguard U.S. Liquidity Factor ETF 0.2 14 61 3.3 +0.1
ACWX iShares MSCI ACWI ex U.S. ETF 0.2 32 43 6.1 +2.9
EWQ iShares MSCI France ETF 0.2 51 24 5.0 +1.9
JHML John Hancock Multifactor Large Cap ETF 0.2 29 46 4.7 +1.5
PKW Invesco Buyback Achievers ETF 0.2 62 13 6.9 +3.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.2 25 50 4.7 +1.6
ESGE iShares ESG Aware MSCI EM ETF 0.2 25 50 6.8 +3.6
AVUS Avantis U.S. Equity ETF 0.2 15 60 4.8 +1.7
QEFA SPDR MSCI EAFE Quality Mix ETF 0.2 30 45 5.8 +2.6
AVDE Avantis International Equity ETF 0.2 23 52 6.5 +3.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 66 4.8 +1.7
VFMF Vanguard U.S. Multifactor ETF 0.2 19 56 6.1 +3.0
LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.2 20 55 5.3 +2.2
RBUS Nationwide Risk-Based U.S. Equity ETF 0.2 30 45 4.9 +1.7
IUS Invesco Strategic US ETF 0.2 19 56 5.0 +1.9
ILCV iShares Morningstar Value ETF 0.2 4 71 5.8 +2.7
FSMD Fidelity Small-Mid Factor ETF 0.2 29 46 5.7 +2.5
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 27 48 4.7 +1.6
SCHK Schwab 1000 Index ETF 0.2 5 70 4.5 +1.4
SCHB Schwab U.S. Broad Market ETF 0.2 3 72 4.4 +1.3
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 45 6.0 +2.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 72 4.4 +1.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.2 25 50 5.3 +2.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 55 5.2 +2.0
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 15 4.8 +1.7
IUSV iShares Core S&P U.S. Value ETF 0.2 4 71 5.9 +2.8
VTI Vanguard Total Stock Market Index Fund 0.2 3 72 4.4 +1.2
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 71 5.9 +2.8
VOOV Vanguard S&P 500 Value ETF 0.2 10 65 5.8 +2.7
IVE iShares S&P 500 Value ETF 0.2 18 57 5.8 +2.6
IWR iShares Russell Midcap ETF 0.2 19 56 4.4 +1.3
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 72 4.5 +1.4
HEFA iShares Currency Hedged MSCI EAFE ETF 0.2 35 40 5.9 +2.7
SPTM SPDR Portfolio Total Stock Market ETF 0.2 3 72 4.8 +1.6
DEFA iShares Adaptive Currency Hedged MSCI EAFE ETF 0.2 35 40 5.9 +2.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 63 12 5.3 +2.2
SPXN ProShares S&P 500 Ex-Financials ETF 0.2 27 48 4.3 +1.1
VTHR Vanguard Russell 3000 Index Fund 0.2 10 65 4.4 +1.3
IWV iShares Russell 3000 ETF 0.2 20 55 4.3 +1.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 27 48 4.2 +1.1
IUSG iShares Core S&P US Growth ETF 0.2 4 71 3.9 +0.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 66 5.0 +1.9
TOK iShares MSCI Kokusai ETF 0.2 25 50 4.8 +1.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.2 30 45 5.0 +1.9
SCHV Schwab U.S. Large-Cap Value ETF 0.2 4 71 5.8 +2.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 35 6.8 +3.7
URTH iShares MSCI World ETF 0.2 24 51 4.9 +1.7
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.1 23 52 6.0 +2.9
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 27 48 4.6 +1.4
XYLG Global X S&P 500 Covered Call & Growth ETF 0.1 60 15 4.3 +1.1
PDEV Principal International Multi-Factor Core Index ETF 0.1 25 50 6.5 +3.4
PBP Invesco S&P 500 BuyWrite ETF 0.1 49 26 4.2 +1.1
IVV iShares Core S&P 500 ETF 0.1 3 72 4.7 +1.6
VOO VANGUARD S&P 500 ETF 0.1 3 72 4.7 +1.6
SPLG SPDR Portfolio Large Cap ETF 0.1 3 72 4.7 +1.6
SPY SPDR S&P 500 ETF Trust 0.1 9 66 4.6 +1.5
ILCG iShares Morningstar Growth ETF 0.1 4 71 3.2 +0.0
DIM WisdomTree International MidCap Dividend Fund 0.1 58 17 6.6 +3.4
IPAC iShares Core MSCI Pacific ETF 0.1 9 66 6.1 +3.0
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.1 50 25 3.5 +0.3
VTV Vanguard Value Index Fund 0.1 4 71 6.1 +3.0
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.1 34 41 4.2 +1.1
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 36 5.6 +2.4
ACWI iShares MSCI ACWI ETF 0.1 32 43 5.0 +1.9
DFAU Dimensional US Core Equity Market ETF 0.1 12 63 4.7 +1.5
DWM WisdomTree International Equity Fund 0.1 48 27 6.7 +3.5
VV Vanguard Large-Cap Index Fund 0.1 4 71 4.6 +1.4
SCJ iShares MSCI Japan Small-Cap ETF 0.1 51 24 5.5 +2.4
VPL Vanguard FTSE Pacific ETF 0.1 8 67 6.3 +3.1
VUG Vanguard Growth Index Fund 0.1 4 71 3.5 +0.4
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.1 58 17 7.8 +4.6
EWGS iShares MSCI Germany Small Cap ETF 0.1 59 16 4.8 +1.7
ESGU iShares MSCI USA ESG Optimized ETF 0.1 15 60 4.5 +1.4
EURZ Xtrackers Eurozone Equity ETF 0.1 9 66 5.8 +2.7
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF 0.1 35 40 6.2 +3.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 55 5.3 +2.2
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 17 7.7 +4.5
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 63 6.0 +2.8
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 71 3.9 +0.8
VOOG Vanguard S&P 500 Growth ETF 0.1 10 65 3.9 +0.7
IVW iShares S&P 500 Growth ETF 0.1 18 57 3.8 +0.6
IWC iShares Micro-Cap ETF 0.1 60 15 -2.5 -5.6
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 37 6.1 +3.0
IYY iShares Dow Jones U.S. ETF 0.1 20 55 4.4 +1.3
EZM WisdomTree U.S. MidCap Earnings Fund 0.1 38 37 7.0 +3.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 45 8.1 +4.9
VYMI Vanguard International High Dividend Yield ETF 0.1 27 48 8.6 +5.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 45 5.4 +2.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 30 6.9 +3.7
PSC Principal U.S. Small Cap Index ETF 0.1 38 37 4.3 +1.2
EFV iShares MSCI EAFE Value ETF 0.1 39 36 7.8 +4.7
VONV Vanguard Russell 1000 Value Index Fund 0.1 8 67 5.7 +2.6
IWD iShares Russell 1000 Value ETF 0.1 19 56 5.6 +2.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 66 3.4 +0.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 50 5.4 +2.2
RWL Invesco S&P 500 Revenue ETF 0.1 39 36 5.6 +2.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 73 4.6 +1.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 68 4.6 +1.4
SCHX Schwab U.S. Large-Cap ETF 0.1 3 72 4.6 +1.4
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.1 24 51 5.6 +2.5
EZU iShares MSCI Eurozone ETF 0.1 51 24 5.5 +2.3
PBUS Invesco PureBeta MSCI USA ETF 0.1 4 71 4.6 +1.5
ESG FlexShares STOXX US ESG Impact Index Fund 0.1 32 43 4.6 +1.4
VEGN US Vegan Climate ETF 0.1 60 15 3.9 +0.8
VIG Vanguard Dividend Appreciation Index Fund 0.1 6 69 5.1 +1.9
SNPE Xtrackers S&P 500 ESG ETF 0.1 10 65 4.7 +1.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.1 29 46 4.7 +1.6
JEMA JPMorgan Emerging Markets Equity Core ETF 0.1 39 36 8.5 +5.4
EFIV SPDR S&P 500 ESG ETF 0.1 10 65 4.7 +1.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 55 4.6 +1.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 55 4.8 +1.6
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 45 5.2 +2.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 56 5.0 +1.9
SFY SoFi Select 500 ETF 0.1 0 75 4.6 +1.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 46 5.0 +1.8
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.1 35 40 8.8 +5.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 49 26 7.1 +3.9
SPEM SPDR Portfolio Emerging Markets ETF 0.1 11 64 6.8 +3.6
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.1 24 51 6.4 +3.3
PFM Invesco Dividend Achievers ETF 0.1 53 22 4.9 +1.8
XVV iShares ESG Screened S&P 500 ETF 0.1 8 67 4.7 +1.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 55 4.6 +1.5
VONE Vanguard Russell 1000 ETF 0.0 8 67 4.5 +1.4
IWB iShares Russell 1000 ETF 0.0 15 60 4.5 +1.3
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.0 16 59 7.1 +4.0
SCHE Schwab Emerging Markets Equity ETF 0.0 11 64 7.1 +3.9
GSPY Gotham Enhanced 500 ETF 0.0 50 25 4.6 +1.5
VWO Vanguard FTSE Emerging Markets ETF 0.0 10 65 7.0 +3.9
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 50 6.2 +3.0
HEZU iShares Currency Hedged MSCI Eurozone ETF 0.0 54 21 5.4 +2.3
MDY SPDR S&P Midcap 400 ETF Trust 0.0 23 52 5.1 +2.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 39 6.7 +3.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.0 66 9 6.1 +3.0
VFQY Vanguard U.S. Quality Factor ETF 0.0 13 62 4.9 +1.8
ACVF American Conservative Values ETF 0.0 75 0 4.0 +0.9
VFVA Vanguard U.S. Value Factor ETF 0.0 14 61 7.8 +4.6
EEM iShares MSCI Emerging Markets ETF 0.0 70 5 6.1 +2.9
IEMG iShares Core MSCI Emerging Markets ETF 0.0 11 64 6.7 +3.6
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 60 5.1 +2.0
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 50 7.3 +4.2
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.0 42 33 4.7 +1.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 16 9.9 +6.8
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.0 70 5 6.2 +3.0
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 47 5.9 +2.8
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 47 5.8 +2.7

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Roundhill Sports Betting & iGaming ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.8 %
Divided by: Fwd. P/BV 3.6 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 3.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.33 CATEGORY
AVERAGE		 1.47
 
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.