Bitwise Crypto Industry Innovators ETF
ALTAR
Score™		 -1.1% info Recommen-
dation		 AVOID
2021E    2022E
P/E
ratio		 20.5x P/Sales
ratio		 3.0x
P/BV
ratio		 6.9x Div.
yield		 0.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
BITQ is passively managed to track a modified market-cap-weighted index of global companies supporting a crypto-asset-enabled decentralized economy.

FUND BASICS
Category Global Equities
Fund Sponsor Exchange Traded Concepts
Website www.bitqetf.com
Inception date May 12, 2021
Assets (mns) $91
Currency USD
Expense ratio 85 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 29
Wgt avg mkt cap (mns) $36,876
Large cap (>$10bn) 28.3%
Mid cap ($2-10bn) 26.0%
Small cap (<$2bn) 44.1%
Developed mkts 95.9%
Emerging mkts 4.2%

TOP TEN HOLDINGS
COINBASE GLOBAL, INC. CLASS A 11.2 %
MICROSTRATEGY INC-CL A 9.2 %
SILVERGATE CAPITAL CORP. CLASS A 8.9 %
NORTHERN DATA AG 4.5 %
CANAAN INC. SPONSORED ADR CLASS A 4.4 %
VOYAGER DIGITAL LTD. 4.3 %
HUT 8 MINING CORP. 4.0 %
HIVE BLOCKCHAIN TECHNOLOGIES LTD 3.7 %
MARATHON DIGITAL HOLDINGS INC 3.7 %
RIOT BLOCKCHAIN INC 3.6 %
Total 57.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 63.2 %
CANADA 11.2 %
GERMANY 4.8 %
CHINA 4.4 %
BRITAIN 2.8 %
SINGAPORE 2.7 %
JAPAN 2.2 %
HONG KONG 1.3 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.1% -- -- -- -3.1%

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

Technical Indicators
Recent close $14.97
30d moving avg. $20.41
Annualized volatility 0.0%
Short interest (ETF) 1.6%
Relative strength (RSI) 28

Liquidity measures
Avg. volume (thou.) 180
Turnover 3.0%
Bid/Ask (% of price) 0.32%
ADV underlying (mns) $59,788

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 611 potential alternatives to the Bitwise Crypto Industry Innovators ETF ETF based on the alternatives' overlap in portfolio holdings with BITQ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BITQ Expense: 85 bp ALTAR Score™: -1.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BITQ
Ticker Fund
Name		 Overlap1
vs BITQ
(%)		 Expense
ratio
(bp)		 Savings
vs BITQ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs BITQ
(%)
CRPT First Trust SkyBridge Crypto Industry and Digital Economy ET 56.0 85 0 -2.2 -1.0
BKCH Global X Blockchain ETF 53.0 50 35 -18.8 -17.7
DAPP VanEck Vectors Digital Transformation ETF 50.2 50 35 -4.6 -3.5
BLOK Amplify Transformational Data Sharing ETF 44.3 71 14 2.2 +3.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 39.1 60 25 -3.0 -1.9
RIGZ Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF 26.5 90 -5 -11.0 -9.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 23.7 60 25 3.4 +4.6
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 19.7 68 17 5.1 +6.3
ARKF ARK Fintech Innovation ETF 16.6 75 10 -0.1 +1.0
BIDS Amplify Digital & Online Trading ETF 12.6 59 26 8.3 +9.4
ARKW ARK Web x.0 ETF 12.4 83 2 -1.8 -0.6
SFYF SoFi 50 ETF 11.2 29 56 -1.6 -0.4
JFWD Jacob Forward ETF 10.7 75 10 -1.5 -0.4
FINX Global X FinTech Thematic ETF 10.6 68 17 4.4 +5.5
KOIN Innovation Shares NextGen Protocol ETF 10.6 75 10 6.4 +7.6
ARKK ARK Innovation ETF 10.3 75 10 -1.9 -0.7
MVPS Amplify Thematic All-Stars ETF 10.3 49 36 2.3 +3.4
BUZZ VanEck Vectors Social Sentiment ETF 9.9 75 10 -0.1 +1.1
LOUP Innovator Loup Frontier Tech ETF 8.7 70 15 5.0 +6.2
RPG Invesco S&P 500 Pure Growth ETF 8.3 35 50 5.2 +6.3
PWB Invesco Dynamic Large Cap Growth ETF 8.3 56 29 3.7 +4.8
GK AdvisorShares Gerber Kawasaki ETF 8.2 81 4 2.9 +4.0
ECOZ TrueMark ESG Active Opportunities ETF 8.0 58 27 4.2 +5.3
PZLG Puzzle Mature Growth 7.9 10 75 3.8 +4.9
VEGN US Vegan Climate ETF 7.1 60 25 4.7 +5.9
QQMG Invesco ESG NASDAQ 100 ETF 6.9 20 65 4.9 +6.0
SPQQ Siren Large Cap Blend Index ETF 6.8 20 65 4.7 +5.8
CBTG Cabot Growth ETF 6.5 75 10 -1.5 -0.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 6.5 65 20 9.1 +10.2
QYLD Global X NASDAQ 100 Covered Call ETF 6.5 60 25 4.0 +5.2
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 6.4 60 25 4.1 +5.2
QQQ Invesco QQQ Trust 6.4 20 65 4.6 +5.8
QQQM Invesco NASDAQ 100 ETF 6.4 15 70 4.7 +5.8
QRMI Global X NASDAQ 100 Risk Managed Income ETF 6.4 60 25 3.9 +5.0
NUSI Nationwide Risk-Managed Income ETF 6.4 68 17 3.9 +5.1
SLT Pacer Salt High truBeta US Market ETF 6.3 60 25 1.6 +2.7
QTR Global X NASDAQ 100 Tail Risk ETF 6.3 60 25 4.0 +5.2
MGK Vanguard Mega Cap Growth ETF 6.3 7 78 4.4 +5.6
QCLR Global X NASDAQ 100 Collar 95-110 ETF 6.3 60 25 3.9 +5.0
IWY iShares Russell Top 200 Growth ETF 6.2 20 65 4.8 +5.9
SCHG Schwab U.S. Large-Cap Growth ETF 6.1 4 81 3.9 +5.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 6.1 21 64 3.3 +4.4
ILCG iShares Morningstar Growth ETF 6.1 4 81 3.7 +4.8
FFND Future Fund Active ETF 6.0 101 -16 0.8 +1.9
VUG Vanguard Growth Index Fund 5.9 4 81 4.1 +5.3
DSI iShares MSCI KLD 400 Social ETF 5.9 25 60 5.2 +6.3
GIGE SoFi Gig Economy ETF 5.9 59 26 -1.1 +0.1
XNTK SPDR NYSE Technology ETF 5.8 35 50 4.3 +5.4
IWF iShares Russell 1000 Growth ETF 5.8 19 66 4.5 +5.6
VONG Vanguard Russell 1000 Growth Index Fund 5.8 8 77 4.6 +5.7
SFY SoFi Select 500 ETF 5.7 0 85 5.1 +6.2
ACVF American Conservative Values ETF 5.6 75 10 4.5 +5.7
NULG Nuveen ESG Large-Cap Growth ETF 5.6 25 60 4.1 +5.2
TMFC Motley Fool 100 Index ETF 5.6 50 35 3.8 +4.9
LGBT LGBTQ + ESG100 ETF 5.6 75 10 5.4 +6.5
TECB iShares US Tech Breakthrough Multisector ETF 5.6 40 45 4.7 +5.9
WGRO WisdomTree U.S. Growth & Momentum Fund 5.5 55 30 3.2 +4.3
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 5.5 50 35 3.5 +4.7
IWL iShares Russell Top 200 ETF 5.5 15 70 5.0 +6.2
MGC Vanguard Mega Cap Index Fund 5.4 7 78 5.1 +6.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 5.4 60 25 4.6 +5.8
BKLC BNY Mellon US Large Cap Core Equity ETF 5.4 0 85 5.1 +6.3
IVW iShares S&P 500 Growth ETF 5.3 18 67 4.5 +5.6
SPYG SPDR Portfolio S&P 500 Growth ETF 5.3 4 81 4.6 +5.8
FBCG Fidelity Blue Chip Growth ETF 5.3 59 26 2.1 +3.2
WUGI Esoterica NextG Economy ETF 5.3 75 10 1.7 +2.8
VOOG Vanguard S&P 500 Growth ETF 5.3 10 75 4.8 +5.9
SPXV ProShares S&P 500 Ex-Health Care ETF 5.3 27 58 4.7 +5.9
IUSG iShares Core S&P US Growth ETF 5.3 4 81 4.6 +5.8
THNQ ROBO Global Artificial Intelligence ETF 5.2 68 17 2.6 +3.8
GGRW Gabelli Growth Innovators ETF 5.2 90 -5 2.5 +3.7
NULC Nuveen ESG Large-Cap ETF 5.1 20 65 5.2 +6.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 5.1 12 73 5.1 +6.3
IQSU IQ Candriam ESG US Equity ETF 5.1 9 76 5.1 +6.2
XVV iShares ESG Screened S&P 500 ETF 5.1 8 77 5.2 +6.3
XLK Technology Select Sector SPDR Fund 5.1 12 73 5.3 +6.4
META Roundhill Ball Metaverse ETF 5.1 75 10 3.5 +4.7
FTEC Fidelity MSCI Information Technology Index ETF 5.0 8 77 5.0 +6.2
IQM Franklin Intelligent Machines ETF 5.0 50 35 2.9 +4.1
ESGV Vanguard ESG U.S. Stock ETF 5.0 9 76 5.2 +6.3
SPXN ProShares S&P 500 Ex-Financials ETF 5.0 27 58 4.9 +6.1
VGT Vanguard Information Technology Index Fund 4.9 10 75 5.0 +6.2
SPXE ProShares S&P 500 Ex-Energy ETF 4.9 27 58 5.1 +6.3
JMOM JPMorgan U.S. Momentum Factor ETF 4.9 12 73 4.9 +6.0
PBP Invesco S&P 500 BuyWrite ETF 4.9 49 36 4.6 +5.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 4.9 15 70 5.2 +6.3
GVIP Goldman Sachs Hedge Industry VIP ETF 4.9 45 40 4.3 +5.4
ESGU iShares MSCI USA ESG Optimized ETF 4.9 15 70 5.0 +6.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 4.9 20 65 5.2 +6.3
XLG Invesco S&P 500 Top 50 ETF 4.9 20 65 4.6 +5.7
XYLG Global X S&P 500 Covered Call & Growth ETF 4.9 60 25 4.6 +5.7
IGM iShares Expanded Tech Sector ETF 4.8 43 42 4.5 +5.6
IVV iShares Core S&P 500 ETF 4.8 3 82 5.2 +6.4
SPY SPDR S&P 500 ETF Trust 4.8 9 76 5.2 +6.3
VOTE Engine No. 1 Transform 500 ETF 4.8 5 80 5.0 +6.2
CATH Global X S&P 500 Catholic Values Custom ETF 4.8 29 56 4.9 +6.0
SPLG SPDR Portfolio S&P 500 ETF 4.8 3 82 5.2 +6.4
VOO VANGUARD S&P 500 ETF 4.8 3 82 5.2 +6.4
XVOL Acruence Active Hedge U.S. Equity ETF 4.8 83 2 4.4 +5.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 4.8 7 78 5.1 +6.2
PBUS Invesco PureBeta MSCI USA ETF 4.8 4 81 5.2 +6.3
XRMI Global X S&P 500 Risk Managed Income ETF 4.7 60 25 4.5 +5.6
SNPE Xtrackers S&P 500 ESG ETF 4.7 10 75 5.1 +6.2
NACP Impact Shares NAACP Minority Empowerment ETF 4.7 49 36 5.1 +6.2
EFIV SPDR S&P 500 ESG ETF 4.7 10 75 5.1 +6.2
OEF iShares S&P 100 ETF 4.7 20 65 4.9 +6.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 4.7 2 83 5.1 +6.3
VV Vanguard Large-Cap Index Fund 4.7 4 81 5.1 +6.2
XTR Global X S&P 500 Tail Risk ETF 4.7 60 25 4.7 +5.9
SUSA iShares MSCI USA ESG Select ETF 4.6 25 60 5.0 +6.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 4.6 30 55 4.5 +5.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 4.6 49 36 4.3 +5.4
FDMO Fidelity Momentum Factor ETF 4.6 29 56 4.7 +5.8
SCHX Schwab U.S. Large-Cap ETF 4.6 3 82 5.1 +6.2
XCLR Global X S&P 500 Collar 95-110 ETF 4.6 60 25 4.6 +5.8
ILCB iShares Morningstar U.S. Equity ETF 4.6 3 82 5.1 +6.2
STLG iShares Factors US Growth Style ETF 4.5 25 60 6.4 +7.5
USXF iShares ESG Advanced MSCI USA ETF 4.5 10 75 5.2 +6.4
IETC iShares Evolved U.S. Technology ETF 4.5 18 67 4.5 +5.7
SCHK Schwab 1000 Index ETF 4.5 5 80 5.1 +6.2
IWB iShares Russell 1000 ETF 4.4 15 70 5.1 +6.2
IYY iShares Dow Jones U.S. ETF 4.4 20 65 4.9 +6.1
MMLG First Trust Multi-Manager Large Growth ETF 4.4 85 0 2.3 +3.4
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 4.4 15 70 5.1 +6.2
SPTM SPDR Portfolio Total Stock Market ETF 4.4 3 82 5.3 +6.5
DFUS Dimensional U.S. Equity ETF 4.4 11 74 5.1 +6.3
IXN iShares Global Tech ETF 4.3 43 42 4.4 +5.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 4.3 10 75 5.3 +6.4
SUSL iShares ESG MSCI USA Leaders ETF 4.3 10 75 5.3 +6.4
VONE Vanguard Russell 1000 ETF 4.3 8 77 5.1 +6.3
MTUM iShares MSCI USA Momentum Factor ETF 4.3 15 70 4.2 +5.4
ENTR Entrepreneur 30 Fund 4.3 49 36 2.8 +3.9
BOSS Global X Founder-Run Companies ETF 4.3 45 40 2.0 +3.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 4.2 14 71 5.1 +6.3
ESG FlexShares STOXX US ESG Impact Index Fund 4.2 32 53 5.1 +6.3
IPO Renaissance IPO ETF 4.2 60 25 -29.1 -28.0
ALFA AlphaClone Alternative Alpha ETF 4.2 65 20 3.5 +4.7
SCHB Schwab U.S. Broad Market ETF 4.2 3 82 5.0 +6.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 4.2 3 82 4.9 +6.1
IWV iShares Russell 3000 ETF 4.2 20 65 4.8 +6.0
QVML Invesco S&P 500 QVM Multi-factor ETF 4.2 11 74 5.3 +6.5
VTI Vanguard Total Stock Market Index Fund 4.2 3 82 4.8 +6.0
VTHR Vanguard Russell 3000 Index Fund 4.1 10 75 4.9 +6.1
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 4.1 17 68 5.3 +6.4
RESP WisdomTree US ESG Fund of Benef Interest 4.1 28 57 6.2 +7.3
FDWM Fidelity Women's Leadership ETF 4.1 59 26 5.2 +6.4
CLNR IQ Cleaner Transport ETF 3.9 45 40 7.6 +8.7
IDRV iShares Self-driving EV & Tech ETF 3.9 47 38 7.4 +8.5
MOTO SmartETFs Smart Transportation & Technology ETF 3.9 68 17 6.7 +7.8
DRIV Global X Autonomous & Electric Vehicles ETF 3.9 68 17 5.7 +6.8
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 3.9 58 27 3.2 +4.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.9 75 10 1.1 +2.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.9 39 46 0.4 +1.6
EKAR Innovation Shares NextGen Vehicles & Technology ETF 3.9 65 20 7.1 +8.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 3.9 58 27 4.6 +5.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 3.9 35 50 4.8 +6.0
PDP Invesco DWA Momentum ETF 3.8 62 23 3.7 +4.8
GBUY Goldman Sachs Future Consumer Equity ETF 3.8 75 10 1.7 +2.9
VFMO Vanguard U.S. Momentum Factor ETF 3.8 13 72 3.7 +4.9
SPHB Invesco S&P 500 High Beta ETF 3.8 25 60 4.8 +5.9
LIV Emles (a)Home ETF 3.8 49 36 4.3 +5.4
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 3.8 60 25 4.0 +5.1
LRGE ClearBridge Large Cap Growth ESG ETF 3.7 59 26 3.5 +4.6
PEXL Pacer US Export Leaders ETF 3.7 60 25 4.5 +5.7
SOXQ Invesco PHLX Semiconductor ETF 3.7 0 85 7.2 +8.4
SOXX iShares PHLX Semiconductor ETF 3.7 43 42 6.5 +7.7
FTXL First Trust Nasdaq Semiconductor ETF 3.7 60 25 6.5 +7.6
SMH VanEck Vectors Semiconductor ETF 3.7 35 50 6.3 +7.5
PSI Invesco Dynamic Semiconductors ETF 3.7 56 29 5.5 +6.6
XSD SPDR S&P Semiconductor ETF 3.7 35 50 4.9 +6.0
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 3.7 57 28 4.6 +5.8
VPN Global X Data Center REITs & Digital Infrastructure ETF 3.7 50 35 4.5 +5.6
ESPO VanEck Vectors Video Gaming & eSports ETF 3.7 55 30 4.0 +5.1
PTF Invesco DWA Technology Momentum ETF 3.7 60 25 3.9 +5.1
JOET Virtus Terranova US Quality Momentum ETF 3.7 29 56 5.5 +6.7
FDG American Century Focused Dynamic Growth ETF 3.7 45 40 3.1 +4.2
RYT Invesco S&P 500 Equal Weight Technology ETF 3.7 40 45 6.2 +7.4
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 3.6 12 73 5.5 +6.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 3.6 75 10 3.5 +4.7
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 3.6 49 36 5.8 +6.9
SHE SPDR SSGA Gender Diversity Index ETF 3.6 20 65 5.0 +6.1
IPAY ETFMG Prime Mobile Payments ETF 3.6 75 10 7.7 +8.9
TPAY Tortoise Digital Payments Infrastructure Fund 3.6 40 45 6.8 +8.0
MILN Global X Millennial Consumer ETF 3.6 50 35 2.9 +4.0
DFAU Dimensional US Core Equity Market ETF 3.6 12 73 5.3 +6.5
BTEK BlackRock Future Tech ETF 3.5 88 -3 -0.2 +1.0
QGRO American Century STOXX U.S. Quality Growth ETF 3.5 29 56 5.3 +6.5
JHMF John Hancock Multifactor Financials ETF 3.5 40 45 7.0 +8.1
TOK iShares MSCI Kokusai ETF 3.5 25 60 5.2 +6.3
KOKU Xtrackers MSCI Kokusai Equity ETF 3.5 9 76 5.3 +6.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 3.5 42 43 5.3 +6.4
FFTY Innovator IBD 50 ETF 3.5 80 5 6.3 +7.4
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 3.5 60 25 4.8 +5.9
QTUM Defiance Quantum ETF 3.4 40 45 6.1 +7.2
MOON Direxion Moonshot Innovators ETF 3.3 65 20 -5.8 -4.7
ANEW ProShares MSCI Transformational Changes ETF 3.3 45 40 3.3 +4.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 3.3 70 15 3.8 +4.9
URTH iShares MSCI World ETF 3.3 24 61 5.4 +6.5
IYW iShares U.S. Technology ETF 3.3 43 42 4.7 +5.8
KCE SPDR S&P Capital Markets ETF 3.2 35 50 9.1 +10.3
KRE SPDR S&P Regional Banking ETF 3.2 35 50 7.1 +8.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 3.2 9 76 5.6 +6.7
JHMT John Hancock Multifactor Technology ETF 3.1 40 45 5.3 +6.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 3.1 25 60 5.4 +6.6
RYF Invesco S&P 500 Equal Weight Financials ETF 3.1 40 45 7.0 +8.2
DAT ProShares Big Data Refiners ETF 3.1 58 27 0.3 +1.5
IYJ iShares U.S. Industrials ETF 3.1 42 43 5.5 +6.6
XT iShares Exponential Technologies ETF 3.1 46 39 4.2 +5.3
EPS WisdomTree U.S. Earnings 500 Fund 3.0 8 77 6.4 +7.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.0 20 65 5.6 +6.7
KNGS UPHOLDINGS Compound Kings ETF 2.9 60 25 3.6 +4.7
FXL First Trust Technology AlphaDEX Fund 2.9 61 24 5.4 +6.5
FSST Fidelity Sustainability U.S. Equity ETF 2.9 59 26 5.3 +6.4
ACWI iShares MSCI ACWI ETF 2.9 32 53 5.4 +6.6
LOWC SPDR MSCI ACWI Low Carbon Target ETF 2.9 20 65 5.6 +6.7
ADME Aptus Drawdown Managed Equity ETF 2.9 79 6 3.8 +4.9
SIXA 6 Meridian Mega Cap Equity ETF 2.9 86 -1 6.3 +7.4
LRNZ TrueMark Technology, AI & Deep Learning ETF 2.8 68 17 -0.3 +0.8
IBUY Amplify Online Retail ETF 2.8 65 20 -2.1 -0.9
SQEW LeaderShares Equity Skew ETF 2.8 75 10 6.3 +7.5
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF 2.8 87 -2 6.1 +7.2
BIGY Defiance Next Gen Big Data ETF 2.8 45 40 2.8 +4.0
WOMN Impact Shares YWCA Women's Empowerment ETF 2.8 75 10 4.8 +5.9
DTEC ALPS Disruptive Technologies ETF 2.8 50 35 4.0 +5.1
FTC First Trust Large Cap Growth AlphaDEX Fund 2.8 60 25 3.8 +4.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 2.8 20 65 5.1 +6.2
JSTC Adasina Social Justice All Cap Global ETF 2.8 89 -4 5.6 +6.7
CACG ClearBridge All Cap Growth ETF 2.7 53 32 4.1 +5.2
FIVG Defiance Next Gen Connectivity ETF 2.7 30 55 5.8 +7.0
DEMZ Advisors Inner Circle Fund III DEMZ Political Contributions 2.7 45 40 5.0 +6.2
GSPY Gotham Enhanced 500 ETF 2.7 50 35 5.4 +6.5
FQAL Fidelity Quality Factor ETF 2.7 29 56 5.3 +6.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.7 78 7 9.2 +10.4
LVHI Legg Mason International Low Volatility High Dividend ETF 2.7 40 45 8.5 +9.6
ASEA Global X Southeast Asia ETF 2.7 65 20 8.2 +9.3
DFNL Davis Select Financial ETF 2.7 64 21 6.7 +7.8
DUSA Davis Select U.S. Equity ETF 2.7 62 23 6.5 +7.7
DINT Davis Select International ETF 2.7 65 20 6.3 +7.5
DWLD Davis Select Worldwide ETF 2.7 63 22 6.1 +7.3
EWS iShares MSCI Singapore ETF 2.7 51 34 5.2 +6.4
EQWL Invesco Russell Top 200 Equal Weight ETF 2.6 25 60 6.3 +7.4
IYG iShares US Financial Services ETF 2.6 42 43 6.5 +7.6
IVSG Invesco Select Growth ETF 2.6 48 37 2.8 +3.9
FTXO First Trust Nasdaq Bank ETF 2.6 60 25 7.9 +9.0
EPP iShares MSCI Pacific ex-Japan ETF 2.5 48 37 5.7 +6.8
SPXT ProShares S&P 500 Ex-Technology ETF 2.5 27 58 5.2 +6.4
KOMP SPDR Kensho New Economies Composite ETF 2.5 20 65 1.8 +2.9
VT Vanguard Total World Stock ETF 2.5 8 77 5.7 +6.8
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 2.5 19 66 6.0 +7.2
KBWB Invesco KBW Bank ETF 2.5 35 50 7.8 +9.0
IAT iShares U.S. Regional Banks ETF 2.5 41 44 7.4 +8.5
PFI Invesco DWA Financial Momentum ETF 2.5 60 25 5.9 +7.0
WCLD WisdomTree Cloud Computing Fund 2.5 45 40 -1.4 -0.3
HAIL SPDR S&P Kensho Smart Mobility ETF 2.4 45 40 4.3 +5.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.4 49 36 5.3 +6.5
XLF Financial Select Sector SPDR Fund 2.4 12 73 6.9 +8.0
IYF iShares U.S. Financials ETF 2.4 42 43 6.7 +7.8
BUYZ Franklin Disruptive Commerce ETF 2.3 50 35 0.8 +1.9
IAI iShares U.S. Broker-Dealers ETF 2.3 41 44 7.9 +9.1
DIVS SmartETFs Dividend Builder ETF 2.3 65 20 5.6 +6.7
KBE SPDR S&P Bank ETF 2.3 35 50 8.3 +9.4
JHML John Hancock Multifactor Large Cap ETF 2.3 29 56 5.4 +6.5
DTN WisdomTree U.S. Dividend ex-Financials Fund 2.3 38 47 7.5 +8.6
QUS SPDR MSCI USA StrategicFactors ETF 2.3 15 70 5.7 +6.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.3 9 76 5.5 +6.6
RXI iShares Global Consumer Discretionary ETF 2.3 43 42 5.2 +6.4
AVUS Avantis U.S. Equity ETF 2.3 15 70 5.7 +6.9
VFH Vanguard Financials Index Fund 2.2 10 75 7.2 +8.4
FNCL Fidelity MSCI Financials Index ETF 2.2 8 77 7.2 +8.3
FTHI First Trust High Income ETF 2.2 85 0 5.9 +7.0
FTLB First Trust Hedged BuyWrite Income ETF 2.2 85 0 5.8 +7.0
EBIZ Global X E-Commerce ETF 2.2 50 35 5.2 +6.3
CARZ First Trust NASDAQ Global Auto Index Fund 2.2 70 15 10.8 +11.9
ERTH Invesco MSCI Sustainable Future ETF 2.2 55 30 6.1 +7.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 2.2 70 15 5.0 +6.1
ACSI American Customer Satisfaction Core Alpha ETF 2.2 66 19 4.9 +6.0
HLAL Wahed FTSE USA Shariah ETF 2.2 50 35 4.6 +5.7
FDIS Fidelity MSCI Consumer Discretionary Index ETF 2.2 8 77 4.3 +5.4
VCR Vanguard Consumer Discretionary Index Fund 2.2 10 75 4.2 +5.4
JHMC John Hancock Multifactor Consumer Discretionary ETF 2.2 40 45 4.2 +5.3
SMOG VanEck Vectors Low Carbon Energy ETF 2.2 62 23 4.1 +5.3
XLY Consumer Discretionary Select Sector SPDR Fund 2.2 12 73 3.8 +5.0
IYC iShares U.S. Consumer Services ETF 2.2 43 42 3.5 +4.7
FTXR First Trust Nasdaq Transportation ETF 2.2 60 25 3.4 +4.5
LUXE Emles Luxury Goods ETF 2.2 60 25 3.3 +4.4
BATT Amplify Advanced Battery Metals & Materials ETF 2.2 59 26 3.0 +4.2
LIT Global X Lithium & Battery Tech ETF 2.2 75 10 2.9 +4.0
CNRG SPDR S&P Kensho Clean Power ETF 2.2 45 40 1.7 +2.8
WWOW Direxion World Without Waste ETF 2.2 50 35 1.5 +2.7
ARKQ Ark Autonomous Tech. & Robotics ETF 2.2 75 10 0.7 +1.9
ACES ALPS Clean Energy ETF 2.2 55 30 0.2 +1.3
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 2.2 60 25 0.2 +1.3
SHFT iClima Distributed Renewable Energy Transition Leaders ETF 2.2 65 20 -0.2 +0.9
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 2.1 47 38 1.4 +2.5
QLC FlexShares US Quality Large Cap Index Fund 2.1 32 53 5.5 +6.6
KRMA Global X Conscious Companies ETF 2.1 43 42 5.4 +6.5
QWLD SPDR MSCI World StrategicFactors ETF 2.1 30 55 5.8 +6.9
NXTG First Trust Indxx NextG ETF 2.1 70 15 5.9 +7.0
FDN First Trust Dow Jones Internet Index Fund 2.1 51 34 2.7 +3.8
PNQI Invesco NASDAQ Internet ETF 2.1 60 25 1.7 +2.9
PLAT WisdomTree Modern Tech Platforms Fund 2.1 20 65 1.5 +2.6
QUAL iShares MSCI Usa Quality Factor ETF 2.0 15 70 5.3 +6.4
CTRU ARK Transparency ETF 2.0 55 30 2.3 +3.4
ETHO Etho Climate Leadership U.S. ETF 2.0 48 37 4.5 +5.7
XITK SPDR FactSet Innovative Technology ETF 2.0 45 40 -3.6 -2.5
AIQ Global X Future Analytics Tech ETF 2.0 68 17 4.0 +5.1
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 1.9 108 -23 1.7 +2.9
AIEQ AI Powered Equity ETF 1.9 80 5 3.3 +4.5
TINY ProShares Nanotechnology ETF 1.9 58 27 2.1 +3.2
XSW SPDR S&P Software & Services ETF 1.9 35 50 4.2 +5.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.9 85 0 3.3 +4.5
VSDA VictoryShares Dividend Accelerator ETF 1.8 35 50 5.0 +6.1
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.8 64 21 6.2 +7.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.8 63 22 3.3 +4.5
IXG iShares Global Financials ETF 1.8 43 42 7.9 +9.0
NULV Nuveen ESG Large-Cap Value ETF 1.8 25 60 6.4 +7.5
OCEN IQ Clean Oceans ETF 1.8 45 40 6.5 +7.6
VIRS Pacer BioThreat Strategy ETF 1.8 70 15 6.3 +7.4
HERO Global X Video Games & Esports ETF 1.8 50 35 5.6 +6.8
AVDR AVDR US LargeCap Leading ETF 1.8 60 25 5.1 +6.3
AVDG AVDR US LargeCap ESG ETF 1.8 60 25 5.1 +6.3
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.8 55 30 5.0 +6.1
EQOP Natixis U.S. Equity Opportunities ETF 1.8 90 -5 4.9 +6.0
XPND First Trust Expanded Technology ETF 1.8 65 20 4.7 +5.8
SXUS Janus Henderson International Sustainable Equity ETF 1.8 60 25 4.6 +5.7
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 1.8 96 -11 4.0 +5.1
FEVR Inspire Faithward Large Cap Momentum ESG ETF 1.8 85 0 3.6 +4.7
BOTZ Global X Robotics & Artificial Intelligence ETF 1.8 68 17 3.0 +4.2
VNSE Natixis Vaughan Nelson Select ETF 1.8 80 5 2.3 +3.4
SPRX Spear Alpha ETF 1.8 75 10 1.3 +2.4
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 1.8 25 60 -3.0 -1.8
RDVY First Trust Rising Dividend Achievers ETF 1.7 50 35 7.5 +8.6
RCD Invesco S&P 500 Equal Weight Consumer Discretionary ETF 1.7 40 45 4.3 +5.5
CCOR Core Alternative ETF 1.6 109 -24 4.4 +5.5
JQUA JPMorgan U.S. Quality Factor ETF 1.6 12 73 5.7 +6.9
CLMA iClima Global Decarbonization Transition Leaders ETF 1.6 65 20 2.5 +3.6
PBW Invesco WilderHill Clean Energy ETF 1.6 61 24 -2.7 -1.6
AIA iShares Asia 50 ETF 1.6 50 35 7.1 +8.2
RFFC RiverFront Dynamic US Flex-Cap ETF 1.5 52 33 5.8 +6.9
HELX Franklin Genomic Advancements ETF 1.5 50 35 1.3 +2.4
DTOX Amplify Cleaner Living ETF 1.5 59 26 0.1 +1.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.5 9 76 5.2 +6.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.5 30 55 6.2 +7.3
NUDV Nuveen ESG Dividend ETF 1.5 25 60 6.7 +7.8
BNE Blue Horizon BNE ETF 1.4 87 -2 2.4 +3.6
FPX First Trust US IPO Index Fund 1.4 57 28 2.9 +4.1
XBUY Amplify International Online Retail ETF 1.4 69 16 -1.9 -0.7
MOTE VanEck Morningstar ESG Moat ETF 1.3 49 36 5.4 +6.5
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.3 60 25 5.0 +6.1
QLV FlexShares US Quality Low Volatility Index Fund 1.3 22 63 4.8 +5.9
TUSA First Trust Total US Market AlphaDEX ETF 1.3 70 15 6.2 +7.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 1.3 19 66 6.0 +7.1
IVLC Invesco US Large Cap Core ESG ETF 1.2 48 37 4.6 +5.8
DGT SPDR Global Dow ETF 1.2 50 35 6.9 +8.1
EQUL IQ Engender Equality ETF 1.2 45 40 6.8 +7.9
FEX First Trust Large Cap Core AlphaDEX Fund 1.2 59 26 5.8 +6.9
EUSA iShares MSCI USA Equal Weighted ETF 1.2 9 76 5.6 +6.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.2 65 20 0.4 +1.6
RNLC Large Cap US Equity Select ETF 1.1 60 25 5.8 +7.0
DFAC Dimensional U.S. Core Equity 2 ETF 1.1 19 66 5.7 +6.8
RSP Invesco S&P 500 Equal Weight ETF 1.1 20 65 5.7 +6.8
GAMR ETFMG Video Game Tech ETF 1.1 75 10 4.9 +6.0
SIZE iShares MSCI USA Size Factor ETF 1.1 15 70 5.6 +6.7
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 1.1 35 50 7.1 +8.2
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 1.1 35 50 7.1 +8.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.1 60 25 7.7 +8.9
TTAC TrimTabs US Free Cash Flow Quality ETF 1.1 59 26 5.9 +7.0
SKYY First Trust Cloud Computing ETF 1.1 60 25 3.5 +4.6
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.1 63 22 7.6 +8.7
VAMO Cambria Value & Momentum ETF 1.0 64 21 7.6 +8.7
ROBO Robo Global Robotics & Automation Index ETF 1.0 95 -10 2.8 +4.0
IDMO Invesco S&P International Developed Momentum ETF 1.0 25 60 7.9 +9.1
SPMV Invesco S&P 500 Minimum Variance ETF 1.0 10 75 5.1 +6.2
JIDA JPMorgan ActiveBuilders International Equity ETF 1.0 25 60 7.1 +8.2
FDLO Fidelity Low Volatility Factor ETF 1.0 29 56 5.0 +6.1
VFQY Vanguard U.S. Quality Factor ETF 1.0 13 72 6.2 +7.3
RYJ Invesco Raymond James SB-1 Equity ETF 1.0 75 10 2.9 +4.1
LSLT Salt Low truBeta US Market ETF 1.0 60 25 5.9 +7.0
FYC First Trust Small Cap Growth AlphaDEX Fund 1.0 71 14 2.9 +4.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 1.0 32 53 6.2 +7.4
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 1.0 35 50 5.7 +6.9
CFA VictoryShares US 500 Volatility Weighted Index ETF 1.0 35 50 5.7 +6.9
VLU SPDR S&P 1500 Value Tilt ETF 0.9 12 73 6.6 +7.8
VOOV Vanguard S&P 500 Value ETF 0.9 10 75 6.4 +7.5
IVE iShares S&P 500 Value ETF 0.9 18 67 6.1 +7.3
SPYV SPDR Portfolio S&P 500 Value ETF 0.9 4 81 6.3 +7.4
MOTI VanEck Vectors Morningstar International Moat ETF 0.9 58 27 10.3 +11.4
EFAV iShares Edge MSCI Min Vol EAFE ETF 0.9 20 65 5.4 +6.5
TPLC Timothy Plan US Large Cap Core ETF 0.9 52 33 5.1 +6.2
QDEF FlexShares Quality Dividend Defensive Index Fund 0.9 37 48 6.3 +7.4
DURA VanEck Vectors Morningstar Durable Dividend ETF 0.9 29 56 7.6 +8.7
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.9 37 48 6.4 +7.5
QDF FlexShares Quality Dividend Index Fund 0.9 37 48 6.2 +7.3
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.9 20 65 6.4 +7.6
VXF Vanguard Extended Market Index Fund 0.9 6 79 2.8 +4.0
FCLD Fidelity Cloud Computing ETF 0.9 39 46 4.2 +5.3
IUSV iShares Core S&P U.S. Value ETF 0.9 4 81 6.3 +7.5
VFMV Vanguard U.S. Minimum Volatility ETF 0.8 13 72 5.3 +6.5
KLCD KFA Large Cap Quality Dividend Index ETF 0.8 42 43 5.6 +6.7
IVES Wedbush ETFMG Global Cloud Technology ETF 0.8 68 17 3.3 +4.4
DWMF WisdomTree International Multifactor Fund 0.8 38 47 7.3 +8.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.8 65 20 2.8 +4.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.8 70 15 3.2 +4.4
ROUS Hartford Multifactor US Equity ETF 0.8 19 66 6.7 +7.8
IPAC iShares Core MSCI Pacific ETF 0.8 9 76 7.6 +8.7
IEFN iShares Evolved U.S. Financials ETF 0.8 18 67 7.6 +8.7
RAFE PIMCO RAFI ESG U.S. ETF 0.8 30 55 7.1 +8.3
ECNS iShares MSCI China Small-Cap ETF 0.8 59 26 12.3 +13.4
GENY Principal Millennials Index ETF 0.8 45 40 6.0 +7.1
RWL Invesco S&P 500 Revenue ETF 0.8 39 46 6.2 +7.4
IUS Invesco Strategic US ETF 0.8 19 66 6.2 +7.3
LGLV SPDR Russell 1000 Low Volatility ETF 0.8 12 73 4.7 +5.8
ACIO Aptus Collared Income Opportunity ETF 0.7 79 6 4.0 +5.1
SSPY Syntax Stratified LargeCap ETF 0.7 30 55 5.7 +6.9
DEW WisdomTree Global High Dividend Fund 0.7 58 27 7.9 +9.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.7 70 15 6.3 +7.4
VIG Vanguard Dividend Appreciation Index Fund 0.7 6 79 5.7 +6.8
FDNI First Trust Dow Jones International Internet ETF 0.7 65 20 2.5 +3.7
FLRG Fidelity U.S. Multifactor ETF 0.7 29 56 6.9 +8.0
VPL Vanguard FTSE Pacific ETF 0.7 8 77 8.0 +9.1
RESD WisdomTree International ESG Fund 0.7 30 55 6.5 +7.7
FLAX Franklin FTSE Asia Ex Japan ETF 0.7 19 66 7.1 +8.2
VBR Vanguard Small Cap Value Index Fund 0.7 7 78 7.2 +8.3
DOL WisdomTree International LargeCap Dividend Fund 0.6 48 37 7.8 +8.9
KLDW Gavekal Knowledge Leaders Developed World ETF 0.6 75 10 4.9 +6.0
BIBL Inspire ETF 0.6 35 50 4.5 +5.7
VIDI Vident International Equity Fund 0.6 59 26 10.6 +11.8
IWX iShares Russell Top 200 Value ETF 0.6 20 65 6.5 +7.6
USMV iShares Edge MSCI Min Vol USA ETF 0.6 15 70 5.5 +6.6
JPIN JPMorgan Diversified Return International Equity ETF 0.6 37 48 8.3 +9.4
DMXF iShares ESG Advanced MSCI EAFE ETF 0.6 12 73 6.0 +7.1
VYM Vanguard High Dividend Yield Index ETF 0.6 6 79 6.9 +8.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 79 0.9 +2.1
IWO iShares Russell 2000 Growth ETF 0.6 24 61 0.3 +1.4
VTWG Vanguard Russell 2000 Growth Index Fund 0.6 15 70 0.4 +1.5
MGV Vanguard Mega Cap Value ETF 0.6 7 78 6.7 +7.9
BFOR Barron's 400 ETF 0.6 70 15 7.2 +8.3
VFMF Vanguard U.S. Multifactor ETF 0.5 19 66 7.4 +8.5
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 60 6.2 +7.4
WKLY SoFi Weekly Dividend ETF 0.5 49 36 7.2 +8.4
PFM Invesco Dividend Achievers ETF 0.5 53 32 5.5 +6.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.5 14 71 6.0 +7.2
PRF Invesco FTSE RAFI US 1000 ETF 0.5 39 46 6.2 +7.4
RODE Hartford Multifactor Diversified International ETF 0.5 29 56 9.7 +10.8
USMF WisdomTree U.S. Multifactor Fund 0.5 28 57 7.2 +8.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.5 80 5 6.0 +7.2
VB Vanguard Small-Cap ETF 0.5 5 80 5.3 +6.4
AFLG First Trust Active Factor Large Cap ETF 0.5 55 30 5.8 +6.9
DWM WisdomTree International Equity Fund 0.5 48 37 7.8 +8.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.5 40 45 7.8 +8.9
VONV Vanguard Russell 1000 Value Index Fund 0.5 8 77 6.4 +7.6
IWD iShares Russell 1000 Value ETF 0.5 19 66 6.3 +7.5
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 81 5.6 +6.8
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.5 34 51 4.6 +5.8
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.5 18 67 5.5 +6.6
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.5 25 60 6.9 +8.1
FVD First Trust Value Line Dividend Index Fund 0.5 70 15 5.6 +6.7
FDEV Fidelity Targeted International Factor ETF 0.5 39 46 6.5 +7.7
RECS Columbia Research Enhanced Core ETF 0.5 15 70 6.0 +7.1
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.5 30 55 6.8 +7.9
SIXL 6 Meridian Low Beta Equity Strategy ETF 0.5 88 -3 5.2 +6.3
VTV Vanguard Value Index Fund 0.5 4 81 6.7 +7.8
SCHV Schwab U.S. Large-Cap Value ETF 0.5 4 81 6.3 +7.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.4 47 38 9.0 +10.1
PGJ Invesco Golden Dragon China ETF 0.4 69 16 2.3 +3.5
BLES Inspire Global Hope Large Cap ETF 0.4 52 33 4.9 +6.1
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 0.4 20 65 7.8 +9.0
PDEV Principal International Multi-Factor Core Index ETF 0.4 25 60 0.0 +1.1
PKW Invesco Buyback Achievers ETF 0.4 64 21 9.0 +10.1
VBK Vanguard Small-Cap Growth Index Fund 0.4 7 78 2.2 +3.3
TPIF Timothy Plan International ETF 0.4 62 23 6.3 +7.4
RBUS Nationwide Risk-Based U.S. Equity ETF 0.4 30 55 5.4 +6.5
IQSI IQ Candriam ESG International Equity ETF 0.4 15 70 7.0 +8.1
AVIV Avantis International Large Cap Value ETF 0.4 25 60 8.9 +10.1
ILCV iShares Morningstar Value ETF 0.4 4 81 6.4 +7.6
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.4 35 50 6.1 +7.2
YPS Arrow Reverse Cap 500 ETF 0.4 29 56 5.8 +7.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 65 6.7 +7.9
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.4 35 50 6.6 +7.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.4 29 56 8.1 +9.2
DGRO iShares Core Dividend Growth ETF 0.4 8 77 6.5 +7.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.4 25 60 6.3 +7.4
SFYX Sofi Next 500 ETF 0.4 0 85 5.5 +6.7
PXUS Principal International Adaptive Multi-Factor ETF 0.4 24 61 6.8 +7.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.4 25 60 6.3 +7.4
VYMI Vanguard International High Dividend Yield ETF 0.4 27 58 9.5 +10.7
JHMD John Hancock Multifactor Developed International ETF 0.4 39 46 7.2 +8.3
QEFA SPDR MSCI EAFE Quality Mix ETF 0.4 30 55 6.5 +7.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 65 5.8 +6.9
FNI First Trust Chindia ETF 0.4 60 25 1.8 +3.0
EWJE iShares MSCI Japan Equal Weighted ETF 0.4 15 70 7.2 +8.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.4 20 65 6.7 +7.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 63 22 6.1 +7.2
EFG iShares MSCI EAFE Growth ETF 0.4 40 45 4.4 +5.5
IWM iShares Russell 2000 ETF 0.4 19 66 2.4 +3.5
VFLQ Vanguard U.S. Liquidity Factor ETF 0.3 13 72 2.9 +4.0
JHMM John Hancock Multifactor Mid Cap ETF 0.3 41 44 5.6 +6.7
VTWO Vanguard Russell 2000 Index Fund 0.3 10 75 2.5 +3.7
DLN WisdomTree U.S. LargeCap Dividend Fund 0.3 28 57 6.0 +7.2
BKSE BNY Mellon US Small Cap Core Equity ETF 0.3 4 81 5.1 +6.2
EFA iShares MSCI EAFE ETF 0.3 32 53 6.7 +7.9
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.3 25 60 6.1 +7.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 67 6.7 +7.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 65 5.5 +6.6
DTD WisdomTree U.S.Total Dividend Fund 0.3 28 57 6.2 +7.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 65 6.9 +8.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.3 36 49 6.7 +7.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 65 7.0 +8.1
ESGD iShares MSCI EAFE ESG Optimized ETF 0.3 20 65 6.6 +7.7
SMMD iShares Russell 2500 ETF 0.3 15 70 5.7 +6.8
HFXI IQ 50 Percent Hedged FTSE International ETF 0.3 20 65 7.2 +8.3
CWI SPDR MSCI ACWI ex-US ETF 0.3 30 55 6.6 +7.8
CIL VictoryShares International Volatility Weighted Index ETF 0.3 45 40 6.7 +7.9
BKIE BNY Mellon International Equity ETF 0.3 4 81 7.1 +8.2
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.3 45 40 6.7 +7.9
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.3 18 67 4.4 +5.6
EFV iShares MSCI EAFE Value ETF 0.3 39 46 8.9 +10.0
HLGE Hartford Longevity Economy ETF 0.3 44 41 7.1 +8.3
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 0.3 29 56 6.8 +7.9
IGV iShares Expanded Tech-Software ETF 0.3 43 42 3.0 +4.2
IMCG iShares Morningstar Mid-Cap Growth ETF 0.3 6 79 3.6 +4.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 46 7.6 +8.8
NUDM Nuveen ESG International Developed Markets Equity ETF 0.3 30 55 6.1 +7.3
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.3 7 78 7.2 +8.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.3 25 60 6.9 +8.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 4 81 6.7 +7.9
HKND Humankind US Stock ETF 0.3 11 74 6.4 +7.5
IEFA iShares Core MSCI EAFE ETF 0.3 7 78 6.8 +8.0
DIVB iShares U.S. Dividend & Buyback ETF 0.3 25 60 6.6 +7.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 76 4.1 +5.2
DFAI Dimensional International Core Equity Market ETF 0.3 18 67 6.6 +7.7
IWS iShares Russell Mid-Cap Value ETF 0.3 23 62 6.0 +7.2
SCHF Schwab International Equity ETF 0.3 6 79 7.3 +8.5
ISCB iShares Morningstar Small-Cap ETF 0.3 4 81 4.3 +5.4
IDEV iShares Core MSCI International Developed Markets ETF 0.3 5 80 6.8 +8.0
SCHA Schwab U.S. Small-Cap ETF 0.2 4 81 4.6 +5.8
RNMC Mid Cap US Equity Select ETF 0.2 60 25 7.1 +8.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 60 25 6.7 +7.8
PQIN PGIM QMA Strategic Alpha International Equity ETF 0.2 29 56 7.6 +8.7
RNDV US Equity Dividend Select ETF 0.2 50 35 7.2 +8.4
ISZE iShares Edge MSCI Intl Size Factor ETF 0.2 30 55 6.5 +7.7
VEA Vanguard FTSE Developed Markets ETF 0.2 5 80 7.1 +8.2
AVDE Avantis International Equity ETF 0.2 23 62 7.2 +8.4
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 81 5.2 +6.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 81 5.2 +6.4
EWJ iShares MSCI Japan ETF 0.2 51 34 8.1 +9.2
EWGS iShares MSCI Germany Small Cap ETF 0.2 59 26 6.0 +7.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 40 7.8 +9.0
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.2 46 39 8.3 +9.5
VSGX Vanguard ESG International Stock ETF 0.2 12 73 6.8 +8.0
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.2 17 68 6.7 +7.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.2 41 44 6.6 +7.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.2 32 53 6.7 +7.8
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.2 6 79 4.9 +6.0
BBJP JPMorgan BetaBuilders Japan ETF 0.2 19 66 8.5 +9.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 8 77 7.1 +8.3
RNDM First Trust Developed International Equity Select ETF 0.2 65 20 6.3 +7.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 60 8.8 +9.9
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.2 28 57 6.2 +7.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 56 5.7 +6.8
FLJH Franklin FTSE Japan Hedged ETF 0.2 9 76 8.7 +9.9
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.2 17 68 4.6 +5.7
IXUS ishares Core MSCI Total International Stock ETF 0.2 9 76 6.7 +7.9
IWR iShares Russell Midcap ETF 0.2 19 66 5.2 +6.3
VXUS Vanguard Total International Stock ETF 0.2 8 77 7.0 +8.2
FLJP Franklin FTSE Japan ETF 0.2 9 76 8.7 +9.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 79 6.6 +7.7
SDGA Impact Shares Sustainable Development Goals Global ETF 0.2 75 10 5.7 +6.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 78 4.8 +6.0
PSET Principal Price Setters Index ETF 0.2 15 70 5.4 +6.5
JSML Janus Henderson Small Cap Growth Alpha ETF 0.2 30 55 6.5 +7.7
DFAT Dimensional U.S. Targeted Value ETF 0.1 34 51 6.9 +8.0
IWN iShares Russell 2000 Value ETF 0.1 24 61 4.0 +5.2
VTWV Vanguard Russell 2000 Value Index Fund 0.1 15 70 4.2 +5.3
LRGF iShares Edge MSCI Multifactor USA ETF 0.1 20 65 7.2 +8.4
ISMD Inspire Small/Mid Cap Impact ETF 0.1 57 28 6.0 +7.1
EWJV iShares MSCI Japan Value ETF 0.1 15 70 12.1 +13.2
IQIN IQ 500 International ETF 0.1 25 60 8.5 +9.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 65 5.3 +6.4
EZM WisdomTree U.S. MidCap Earnings Fund 0.1 38 47 8.3 +9.4
GWX SPDR S&P International Small Cap ETF 0.1 40 45 4.6 +5.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 46 4.5 +5.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 46 7.4 +8.5
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 20 7.3 +8.4
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 36 6.2 +7.3
EWUS iShares MSCI United Kingdom Small Cap ETF 0.1 59 26 6.2 +7.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 31 54 7.5 +8.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 55 6.7 +7.9
VFVA Vanguard U.S. Value Factor ETF 0.1 14 71 8.6 +9.8
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.1 35 50 6.8 +8.0
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.1 24 61 7.6 +8.8
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.1 35 50 6.8 +8.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 71 14 6.3 +7.5
IUSS Invesco Strategic US Small Company ETF 0.1 23 62 5.3 +6.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.1 25 60 8.3 +9.4
IEUS iShares MSCI Europe Small-Cap ETF 0.0 40 45 5.2 +6.3
TPSC Timothy Plan US Small Cap Core ETF 0.0 52 33 6.5 +7.7
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.0 23 62 8.0 +9.1
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 45 5.7 +6.8
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 36 6.5 +7.6
EES WisdomTree SmallCap Earnings Fund 0.0 38 47 8.3 +9.4
GXC SPDR S&P China ETF 0.0 59 26 8.2 +9.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 11 74 5.8 +7.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 26 9.9 +11.0
SPEM SPDR Portfolio Emerging Markets ETF 0.0 11 74 7.2 +8.3
IEMG iShares Core MSCI Emerging Markets ETF 0.0 11 74 7.2 +8.4
VWO Vanguard FTSE Emerging Markets ETF 0.0 10 75 7.2 +8.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 47 38 6.0 +7.1
SPEU SPDR Portfolio Europe ETF 0.0 9 76 6.4 +7.6
AVEM Avantis Emerging Markets Equity ETF 0.0 33 52 8.8 +10.0
IVOO Vanguard S&P Mid-Cap 400 ETF 0.0 10 75 6.2 +7.4

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:		 Bitwise Crypto Industry Innovators 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 -1.3 %
Divided by: Fwd. P/BV 4.7 x
Less: Expense ratio 85 bp
Equals: ALTAR Score -1.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.26 CATEGORY
AVERAGE		 1.45
 
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.