Global X Blockchain ETF
ALTAR
Score™		 -2.9% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 -146.0x P/Sales
ratio		 8.8x
P/BV
ratio		 10.9x Div.
yield		 -0.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
BKCH tracks a market-cap-weighted index of global companies involved in blockchain technologies.

FUND BASICS
Category Global Equities
Fund Sponsor Global X
Website www.globalxetfs.com
Inception date Jul 14, 2021
Assets (mns) $433
Currency USD
Expense ratio 50 bp
Distributions Semi-annual

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 27
Wgt avg mkt cap (mns) $9,534
Large cap (>$10bn) 23.0%
Mid cap ($2-10bn) 14.2%
Small cap (<$2bn) 62.9%
Developed mkts 95.6%
Emerging mkts 4.4%

TOP TEN HOLDINGS
RIOT BLOCKCHAIN INC 10.5 %
IRIS ENERGY LTD. 9.1 %
CIPHER MINING INC 8.2 %
APPLIED BLOCKCHAIN INC 8.0 %
COINBASE GLOBAL, INC. CLASS A 7.4 %
CLEANSPARK, INC. 7.2 %
TERAWULF INC. 6.8 %
MARATHON DIGITAL HOLDINGS INC 6.7 %
HUT 8 CORP 6.0 %
BITFARMS LTD. 5.9 %
Total 75.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 70.8 %
CANADA 15.7 %
AUSTRALIA 9.1 %
CHINA 3.4 %
GERMANY 0.6 %
BRITAIN 0.4 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
68.6% 96.5% -- -- 1.9%

Market Correlations
versus... Beta R-squared
S&P500 3.89 42%
MSCI EAFE 1.55 8%
MSCI Emg. Mkts. 1.10 5%

Technical Indicators
Recent close $105.12
30d moving avg. $95.62
Annualized volatility 80.7%
Short interest (ETF) 3.7%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 155
Turnover 3.8%
Bid/Ask (% of price) 0.31%
ADV underlying (mns) $27,442

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 302 potential alternatives to the Global X Blockchain ETF ETF based on the alternatives' overlap in portfolio holdings with BKCH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BKCH Expense: 50 bp ALTAR Score™: -2.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BKCH
Ticker Fund
Name		 Overlap1
vs BKCH
(%)		 Expense
ratio
(bp)		 Savings
vs BKCH
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs BKCH
(%)
BITQ Bitwise Crypto Industry Innovators ETF 73.8 85 -35 -2.1 +0.8
WGMI Valkyrie Bitcoin Miners ETF 63.1 75 -25 -3.5 -0.6
DAPP VanEck Digital Transformation ETF 61.7 50 0 0.0 +2.9
FDIG Fidelity Crypto Industry and Digital Payments ETF 53.4 39 11 -1.2 +1.7
IBLC iShares Blockchain and Tech ETF 49.3 47 3 -2.4 +0.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 38.1 68 -18 2.4 +5.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 26.9 61 -11 -1.8 +1.1
BLOK Amplify Transformational Data Sharing ETF 25.4 75 -25 -0.4 +2.5
BWEB Bitwise Web3 ETF 24.5 85 -35 -0.2 +2.7
BCOR Grayscale Bitcoin Adopters ETF 22.3 59 -9 2.3 +5.2
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 18.6 61 -11 1.2 +4.1
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 17.2 85 -35 0.0 +2.9
FINX Global X FinTech ETF 14.7 68 -18 2.3 +5.1
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 12.0 65 -15 -1.4 +1.5
TMAT Main Thematic Innovation ETF 9.8 164 -114 -1.5 +1.4
BUZZ VanEck Social Sentiment ETF 9.3 75 -25 -0.4 +2.5
STCE Schwab Crypto Thematic ETF 9.2 30 20 0.6 +3.5
DTCR Global X Data Center & Digital Infrastructure ETF 8.0 50 0 3.7 +6.6
XSW SPDR S&P Software & Services ETF 7.4 35 15 2.2 +5.1
ARKF ARK Fintech Innovation ETF 7.0 75 -25 -0.4 +2.4
PTF Invesco Dorsey Wright Technology Momentum ETF 6.5 60 -10 1.1 +4.0
ARKK ARK Innovation ETF 6.1 75 -25 -2.3 +0.6
ARKW ARK Next Generation Internet ETF 5.6 87 -37 -0.4 +2.5
FFTY Innovator IBD 50 ETF 5.4 80 -30 -2.2 +0.7
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 5.1 40 10 4.0 +6.9
PSCT Invesco S&P SmallCap Information Technology ETF 5.1 29 21 4.5 +7.3
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 5.1 75 -25 5.1 +8.0
YALL God Bless America ETF 4.2 65 -15 3.6 +6.5
BPAY BlackRock Future Financial and Technology ETF 4.2 70 -20 8.2 +11.1
IWC iShares Micro-Cap ETF 4.0 60 -10 -0.8 +2.1
KOMP SPDR S&P Kensho New Economies Composite ETF 3.5 20 30 2.3 +5.2
CBSE Clough Select Equity ETF 3.5 85 -35 0.9 +3.7
FYC First Trust Small Cap Growth AlphaDEX Fund 3.0 71 -21 0.4 +3.3
METV Roundhill Ball Metaverse ETF 2.7 59 -9 7.5 +10.4
GVIP Goldman Sachs Hedge Industry VIP ETF 2.5 45 5 3.1 +6.0
IWN iShares Russell 2000 Value ETF 2.5 24 26 7.3 +10.1
VTWV Vanguard Russell 2000 Value ETF 2.5 10 40 7.3 +10.1
FDFF Fidelity Disruptive Finance ETF 2.3 50 0 4.7 +7.6
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.0 35 15 4.2 +7.1
VOT Vanguard Mid-Cap Growth ETF 2.0 7 43 3.6 +6.5
KCE SPDR S&P Capital Markets ETF 1.9 35 15 6.0 +8.9
PNQI Invesco NASDAQ Internet ETF 1.8 60 -10 3.4 +6.2
SFYF SoFi Social 50 ETF 1.8 29 21 0.3 +3.2
IJT iShares S&P Small-Cap 600 Growth ETF 1.8 18 32 5.6 +8.5
SPHB Invesco S&P 500 High Beta ETF 1.8 25 25 4.4 +7.2
RSSL Global X Russell 2000 ETF 1.7 8 42 4.2 +7.1
LCLG Logan Capital Broad Innovative Growth ETF 1.7 99 -49 3.8 +6.7
SLYG SPDR S&P 600 Small Cap Growth ETF 1.7 15 35 5.7 +8.6
PWB Invesco Large Cap Growth ETF 1.7 56 -6 3.0 +5.9
STXK Strive Small-Cap ETF 1.7 18 32 5.9 +8.8
IWM iShares Russell 2000 ETF 1.6 19 31 4.2 +7.0
VTWO Vanguard Russell 2000 ETF 1.6 7 43 4.2 +7.1
ALTL Pacer Lunt Large Cap Alternator ETF 1.6 60 -10 4.0 +6.8
RSPF Invesco S&P 500 Equal Weight Financials ETF 1.6 40 10 7.0 +9.9
GINN Goldman Sachs Innovate Equity ETF 1.5 52 -2 3.5 +6.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.5 9 41 4.1 +7.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.5 10 40 5.8 +8.6
FXO First Trust Financials AlphaDEX Fund 1.4 62 -12 8.5 +11.4
ISCG iShares Morningstar Small-Cap Growth ETF 1.4 6 44 2.9 +5.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.4 64 -14 2.2 +5.0
FYX First Trust Small Cap Core AlphaDEX Fund 1.4 61 -11 5.9 +8.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.3 70 -20 2.7 +5.6
IMCG iShares Morningstar Mid-Cap Growth ETF 1.2 6 44 4.1 +6.9
IGV iShares Expanded Tech-Software Sector ETF 1.2 41 9 2.6 +5.5
IYF iShares U.S. Financials ETF 1.2 40 10 6.0 +8.9
IYG iShares US Financial Services ETF 1.2 40 10 5.4 +8.3
DARP Grizzle Growth ETF 1.2 75 -25 2.5 +5.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.1 95 -45 0.4 +3.3
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 1.1 29 21 6.7 +9.6
XLF Financial Select Sector SPDR Fund 1.1 8 42 6.0 +8.9
TIME Clockwise Core Equity & Innovation ETF 1.0 95 -45 2.8 +5.7
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.0 60 -10 1.9 +4.8
IJR iShares Core S&P Small Cap ETF 0.9 6 44 7.7 +10.6
IWO iShares Russell 2000 Growth ETF 0.9 24 26 1.2 +4.1
VTWG Vanguard Russell 2000 Growth ETF 0.9 10 40 1.4 +4.3
ANEW ProShares MSCI Transformational Changes ETF 0.9 45 5 6.2 +9.1
AMID Argent Mid Cap ETF Argent Mid Cap ETF 0.9 52 -2 6.5 +9.4
VIOO Vanguard S&P Small-Cap 600 ETF 0.9 7 43 7.7 +10.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.8 3 47 7.8 +10.6
VGT Vanguard Information Technology ETF 0.8 9 41 3.6 +6.5
ISCB iShares Morningstar Small-Cap ETF 0.8 4 46 6.2 +9.1
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 46 5.9 +8.8
VFH Vanguard Financials ETF 0.8 9 41 6.6 +9.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.8 15 35 8.0 +10.9
BCDF Horizon Kinetics Blockchain Development ETF 0.8 85 -35 4.2 +7.1
FDMO Fidelity Momentum Factor ETF 0.8 15 35 3.5 +6.4
TRFM AAM Transformers ETF 0.8 49 1 1.2 +4.1
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 37 2.8 +5.7
VO Vanguard Mid-Cap ETF 0.8 4 46 5.8 +8.7
FTC First Trust Large Cap Growth AlphaDEX Fund 0.7 59 -9 2.7 +5.6
FNCL Fidelity MSCI Financials Index ETF 0.7 8 42 6.6 +9.5
IWS iShares Russell Mid-Cap Value ETF 0.7 23 27 6.8 +9.7
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 25 10.0 +12.9
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.7 17 33 5.7 +8.6
XT iShares Exponential Technologies ETF 0.7 46 4 4.6 +7.4
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 -10 7.4 +10.3
GQQQ Astoria US Quality Growth Kings ETF 0.6 35 15 4.5 +7.4
VXF Vanguard Extended Market ETF 0.6 5 45 4.6 +7.5
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 46 6.1 +9.0
BUYZ Franklin Disruptive Commerce ETF 0.6 50 0 2.3 +5.2
IWR iShares Russell Midcap ETF 0.6 19 31 5.9 +8.8
IXG iShares Global Financials ETF 0.6 42 8 6.7 +9.6
XJR iShares ESG Screened S&P Small-Cap ETF 0.6 12 38 7.6 +10.5
AIQ Global X Artificial Intelligence & Technology ETF 0.6 68 -18 3.3 +6.2
PTL Inspire 500 ETF 0.5 9 41 5.1 +8.0
VBK Vanguard Small-Cap Growth ETF 0.5 7 43 1.9 +4.8
DFAS Dimensional U.S. Small Cap ETF 0.5 26 24 6.5 +9.4
BFOR ALPS Barron's 400 ETF 0.5 65 -15 6.2 +9.0
FTEC Fidelity MSCI Information Technology Index ETF 0.5 8 42 3.6 +6.5
FBCG Fidelity Blue Chip Growth ETF 0.5 59 -9 2.7 +5.6
JHSC John Hancock Multifactor Small Cap ETF 0.4 42 8 6.8 +9.6
AVSC Avantis U.S Small Cap Equity ETF 0.4 25 25 5.6 +8.5
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 -9 5.9 +8.7
SFY SoFi Select 500 ETF 0.4 0 50 4.2 +7.1
SCHA Schwab U.S. Small-Cap ETF 0.4 4 46 5.8 +8.7
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.6 +6.4
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.3 40 10 3.5 +6.4
AOTG AOT Growth and Innovation ETF 0.3 75 -25 1.6 +4.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 29 3.5 +6.4
SFYX SoFi Next 500 ETF 0.3 0 50 5.8 +8.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 30 5.6 +8.5
IGM iShares Expanded Tech Sector ETF 0.3 41 9 3.6 +6.4
BLES Inspire Global Hope ETF 0.3 61 -11 6.8 +9.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.3 9 41 6.2 +9.1
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 27 5.9 +8.8
FDN First Trust Dow Jones Internet Index Fund 0.3 52 -2 3.1 +6.0
PRXG Praxis Impact Large Cap Growth ETF 0.3 36 14 3.5 +6.4
FDND FT Vest Dow Jones Internet & Target Income ETF 0.3 75 -25 3.1 +6.0
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 44 9.4 +12.3
OPTZ Optimize Strategy Index ETF 0.3 50 0 4.6 +7.5
SCHG Schwab U.S. Large-Cap Growth ETF 0.3 4 46 3.8 +6.7
VUG Vanguard Growth ETF 0.3 4 46 3.9 +6.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 38 4.4 +7.3
FELG Fidelity Enhanced Large Cap Growth ETF 0.3 18 32 4.5 +7.4
DCOR Dimensional US Core Equity 1 ETF 0.3 14 36 5.3 +8.2
DFVX Dimensional US Large Cap Vector ETF 0.3 22 28 6.3 +9.1
DXUV Dimensional US Vector Equity ETF 0.2 28 22 6.2 +9.1
PGJ Invesco Golden Dragon China ETF 0.2 70 -20 12.2 +15.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 41 4.7 +7.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 38 4.4 +7.3
VB Vanguard Small-Cap ETF 0.2 5 45 6.2 +9.1
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 30 6.7 +9.6
ILCG iShares Morningstar Growth ETF 0.2 4 46 3.6 +6.4
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 27 3.6 +6.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 5.4 +8.3
SIZE iShares MSCI USA Size Factor ETF 0.2 15 35 6.1 +9.0
IWD iShares Russell 1000 Value ETF 0.2 19 31 6.4 +9.3
VONV Vanguard Russell 1000 Value ETF 0.2 7 43 6.5 +9.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 11 5.9 +8.8
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 31 5.3 +8.2
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.2 52 -2 5.7 +8.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 -8 5.5 +8.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.2 25 25 8.0 +10.9
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -2 7.1 +10.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 47 4.7 +7.6
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 41 6.2 +9.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.2 35 15 7.9 +10.7
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 15 5.1 +8.0
VTI Vanguard Total Stock Market ETF 0.2 3 47 4.8 +7.6
GWX SPDR S&P International Small Cap ETF 0.2 40 10 6.0 +8.9
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 41 4.6 +7.5
IWV iShares Russell 3000 ETF 0.2 20 30 4.6 +7.5
VTHR Vanguard Russell 3000 ETF 0.2 7 43 4.7 +7.6
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 32 5.0 +7.9
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 41 5.6 +8.4
GLBL Pacer MSCI World Industry Advantage ETF 0.2 65 -15 4.0 +6.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -15 7.8 +10.7
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 35 5.9 +8.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 5.5 +8.4
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 27 8.2 +11.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 35 4.8 +7.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 25 5.5 +8.4
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 21 4.5 +7.4
STXG Strive 1000 Growth ETF 0.2 18 32 3.7 +6.6
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 4.9 +7.8
IVE iShares S&P 500 Value ETF 0.2 18 32 6.1 +9.0
VOOV Vanguard S&P 500 Value ETF 0.2 7 43 6.2 +9.1
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 46 6.2 +9.1
XVV iShares ESG Screened S&P 500 ETF 0.2 8 42 4.6 +7.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 39 5.0 +7.9
MODL VictoryShares WestEnd U.S. Sector ETF 0.2 42 8 4.4 +7.3
KLMN Invesco MSCI North America Climate ETF 0.1 9 41 4.8 +7.7
IUSV iShares Core S&P US Value ETF 0.1 4 46 6.4 +9.3
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 32 5.3 +8.1
DFUS Dimensional U.S. Equity ETF 0.1 9 41 4.7 +7.6
SCHB Schwab U.S. Broad Market ETF 0.1 3 47 4.9 +7.8
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 47 5.0 +7.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 30 4.5 +7.4
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 5.7 +8.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 9.8 +12.7
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 40 5.0 +7.9
RVRB Reverb ETF 0.1 30 20 4.4 +7.3
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 32 6.5 +9.4
IVV iShares Core S&P 500 ETF 0.1 3 47 4.8 +7.7
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 48 4.8 +7.7
SPY SPDR S&P 500 ETF Trust 0.1 9 41 4.8 +7.6
VOO Vanguard S&P 500 ETF 0.1 3 47 4.8 +7.7
SCHK Schwab 1000 Index ETF 0.1 5 45 4.9 +7.7
VV Vanguard Large-Cap ETF 0.1 4 46 4.7 +7.6
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 8 4.1 +7.0
PBUS Invesco MSCI USA ETF 0.1 4 46 4.7 +7.6
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 41 4.5 +7.4
SCHX Schwab U.S. Large-Cap ETF 0.1 3 47 4.8 +7.7
AVUS Avantis U.S. Equity ETF 0.1 15 35 5.6 +8.5
IYY iShares Dow Jones U.S. ETF 0.1 20 30 4.7 +7.5
DFIS Dimensional International Small Cap ETF 0.1 39 11 7.3 +10.2
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 47 4.7 +7.6
IVW iShares S&P 500 Growth ETF 0.1 18 32 3.8 +6.7
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 46 4.0 +6.9
VOOG Vanguard S&P 500 Growth ETF 0.1 7 43 3.9 +6.8
STRV Strive 500 ETF 0.1 5 45 4.7 +7.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 48 4.8 +7.7
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 50 4.8 +7.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 43 4.7 +7.5
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 41 4.6 +7.5
VOTE TCW Transform 500 ETF 0.1 5 45 4.7 +7.6
IWB iShares Russell 1000 ETF 0.1 15 35 4.7 +7.6
VONE Vanguard Russell 1000 ETF 0.1 7 43 4.8 +7.7
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 46 4.0 +6.9
TOV JLens 500 Jewish Advocacy U.S. ETF 0.1 18 32 4.4 +7.3
OALC OneAscent Large Cap Core ETF 0.1 86 -36 4.0 +6.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 39 4.8 +7.6
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 35 4.6 +7.5
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 40 5.6 +8.4
APUE ActivePassive U.S. Equity ETF 0.1 45 5 4.5 +7.4
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 15 6.0 +8.9
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 10 6.0 +8.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.5 +9.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 7.8 +10.7
AVUQ Avantis U.S. Quality ETF 0.1 15 35 4.3 +7.1
VT Vanguard Total World Stock ETF 0.1 6 44 5.7 +8.6
TOK iShares MSCI Kokusai ETF 0.1 26 24 4.9 +7.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 8.5 +11.4
URTH iShares MSCI World ETF 0.1 24 26 4.9 +7.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 30 5.5 +8.4
JHML John Hancock Multifactor Large Cap ETF 0.1 29 21 5.3 +8.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 41 5.1 +8.0
ACWI iShares MSCI ACWI ETF 0.1 32 18 5.4 +8.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 30 6.9 +9.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 47 6.8 +9.7
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 35 5.9 +8.8
DFSV Dimensional US Small Cap Value ETF 0.1 31 19 10.4 +13.3
EPS WisdomTree U.S. LargeCap Fund 0.1 8 42 5.6 +8.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 41 5.1 +8.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 31 6.3 +9.2
HDUS Hartford Disciplined US Equity ETF 0.1 19 31 5.6 +8.5
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 32 6.7 +9.6
EZM WisdomTree U.S. MidCap Fund 0.1 38 12 9.3 +12.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 40 4.2 +7.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 7.2 +10.0
RWL Invesco S&P 500 Revenue ETF 0.1 39 11 6.7 +9.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 5.0 +7.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -20 5.0 +7.9
GSPY Gotham Enhanced 500 ETF 0.1 50 0 5.1 +8.0
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 7.8 +10.7
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 22 9.6 +12.5
EBI Longview Advantage ETF 0.0 35 15 6.5 +9.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 11 5.3 +8.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 38 6.5 +9.4
SCHC Schwab International Small-Cap Equity ETF 0.0 11 39 6.6 +9.5
GXC SPDR S&P China ETF 0.0 59 -9 15.0 +17.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 6.9 +9.8
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 11 6.7 +9.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 42 6.1 +9.0
IWF iShares Russell 1000 Growth ETF 0.0 19 31 4.3 +7.1
VONG Vanguard Russell 1000 Growth ETF 0.0 7 43 4.3 +7.2
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.4 +10.3
FESM Fidelity Enhanced Small Cap ETF 0.0 28 22 7.0 +9.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 11 7.9 +10.7
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 32 3.6 +6.5
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 43 7.7 +10.6
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 8 7.4 +10.3
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 40 4.2 +7.0
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 35 5.7 +8.5
HKND Humankind US Stock ETF 0.0 11 39 7.0 +9.9
AVSD Avantis Responsible International Equity ETF 0.0 23 27 5.6 +8.5
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 46 6.9 +9.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.0 42 8 9.7 +12.6
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 10.2 +13.1
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 6.2 +9.1
VPL Vanguard FTSE Pacific ETF 0.0 7 43 6.5 +9.4
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 5.9 +8.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 7.1 +10.0
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 26 6.3 +9.2
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 6.9 +9.8
DXIV Dimensional International Vector Equity ETF 0.0 34 16 7.8 +10.7
DFUV Dimensional US Marketwide Value ETF 0.0 22 28 7.5 +10.4
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 8.8 +11.7
VEA Vanguard FTSE Developed Markets ETF 0.0 3 47 7.1 +9.9
VSGX Vanguard ESG International Stock ETF 0.0 10 40 7.5 +10.4
SPEU SPDR Portfolio Europe ETF 0.0 7 43 7.4 +10.3
DFAI Dimensional International Core Equity Market ETF 0.0 18 32 7.1 +9.9
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 1 9.2 +12.0
VXUS Vanguard Total International Stock ETF 0.0 5 45 7.7 +10.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 20 7.7 +10.6
DFIC Dimensional International Core Equity 2 ETF 0.0 23 27 7.4 +10.2
AVDE Avantis International Equity ETF 0.0 23 27 7.3 +10.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 8.4 +11.3
AVEM Avantis Emerging Markets Equity ETF 0.0 33 17 8.2 +11.1
AVSE Avantis Responsible Emerging Markets Equity ETF 0.0 33 17 8.1 +10.9
APIE ActivePassive International Equity ETF 0.0 45 5 7.3 +10.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 5 6.7 +9.6

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

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Global X Blockchain 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 -22.4 %
Divided by: Fwd. P/BV 9.4 x
Less: Expense ratio 50 bp
Equals: ALTAR Score -2.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.51 CATEGORY
AVERAGE		 1.58
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

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

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

 

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