Global X Blockchain ETF
ALTAR
Score™		 -30.8% info Recommen-
dation		 AVOID
2023E    2024E
P/E
ratio		 -12.2x P/Sales
ratio		 1.6x
P/BV
ratio		 1.0x Div.
yield		 0.0%


  • 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) $54
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 24
Wgt avg mkt cap (mns) $34,391
Large cap (>$10bn) 36.1%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 57.2%
Developed mkts 94.6%
Emerging mkts 5.4%

TOP TEN HOLDINGS
BLOCK INC. 13.6 %
COINBASE GLOBAL, INC. CLASS A 13.0 %
RIOT BLOCKCHAIN INC 12.7 %
MARATHON DIGITAL HOLDINGS INC 7.8 %
HIVE BLOCKCHAIN TECHNOLOGIES LTD 4.8 %
BITFARMS LTD. 4.7 %
APPLIED BLOCKCHAIN INC 4.7 %
BIT DIGITAL, INC. 4.5 %
CANAAN INC. SPONSORED ADR CLASS A 4.5 %
NVIDIA CORP 4.4 %
Total 74.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 74.5 %
CANADA 13.9 %
CHINA 5.0 %
GERMANY 2.7 %
BRITAIN 2.0 %
AUSTRALIA 1.8 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
54.6% -70.2% -- -- -62.4%

Market Correlations
versus... Beta R-squared
S&P500 0.84 1%
MSCI EAFE 2.18 5%
MSCI Emg. Mkts. 1.08 1%

Technical Indicators
Recent close $19.63
30d moving avg. $20.07
Annualized volatility 195.6%
Short interest (ETF) 3.0%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 42
Turnover 1.5%
Bid/Ask (% of price) 1.40%
ADV underlying (mns) $11,876

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 435 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™: -30.8%


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 61.9 85 -35 -21.4 +9.4
GFOF Grayscale Future of Finance ETF 58.7 70 -20 -2.5 +28.2
DAPP VanEck Digital Transformation ETF 54.8 50 0 -89.3 -58.5
IBLC iShares Blockchain and Tech ETF 53.4 47 3 -29.5 +1.3
DAM VanEck Digital Assets Mining ETF 52.6 50 0 -322.6 -291.9
SATO Invesco Alerian Galaxy Crypto Economy ETF 50.9 60 -10 -26.0 +4.7
FDIG Fidelity Crypto Industry and Digital Payments ETF 45.6 39 11 0.2 +31.0
CRPT First Trust SkyBridge Crypto Industry and Digital Economy ET 45.0 85 -35 1.2 +32.0
WGMI Valkyrie Bitcoin Miners ETF 40.2 75 -25 -129.2 -98.4
STCE Schwab Crypto Thematic ETF 38.4 30 20 -3.9 +26.9
BLOK Amplify Transformational Data Sharing ETF 30.9 71 -21 3.2 +34.0
TWEB SoFi Web 3 ETF 27.6 59 -9 -15.7 +15.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 27.1 60 -10 2.9 +33.6
BWEB Bitwise Web3 ETF 22.8 85 -35 2.6 +33.4
ARKF ARK Fintech Innovation ETF 21.3 75 -25 -2.3 +28.5
ARKW ARK Web x.0 ETF 16.9 83 -33 -4.8 +25.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 15.4 68 -18 0.6 +31.4
ARKK ARK Innovation ETF 12.5 75 -25 -7.8 +23.0
FINX Global X FinTech Thematic ETF 12.4 68 -18 5.2 +35.9
BIDS Amplify Digital & Online Trading ETF 11.8 59 -9 8.4 +39.2
MVPS Amplify Thematic All-Stars ETF 9.1 49 1 2.1 +32.9
VR Global X Metaverse ETF 9.1 50 0 6.7 +37.4
BUZZ VanEck Social Sentiment ETF 9.0 75 -25 1.5 +32.2
SFYF SoFi 50 ETF 8.2 29 21 -7.9 +22.8
BYOB SoFi Be Your Own Boss ETF 8.0 59 -9 -3.2 +27.5
GGRW Gabelli Growth Innovators ETF 7.9 90 -40 3.9 +34.7
BCDF Horizon Kinetics Blockchain Development ETF 7.6 85 -35 1.4 +32.2
AOTG AOT Growth and Innovation ETF 6.8 75 -25 3.7 +34.5
AIEQ AI Powered Equity ETF 6.8 75 -25 -6.1 +24.7
PUNK Subversive Metaverse ETF 6.6 75 -25 2.7 +33.5
METV Roundhill Ball Metaverse ETF 6.4 59 -9 4.8 +35.6
FDG American Century Focused Dynamic Growth ETF 6.0 45 5 3.4 +34.2
LRGE ClearBridge Large Cap Growth ESG ETF 6.0 59 -9 4.2 +35.0
IPAY ETFMG Prime Mobile Payments ETF 5.6 75 -25 8.2 +39.0
VGT Vanguard Information Technology Index Fund 5.5 10 40 6.1 +36.9
IGM iShares Expanded Tech Sector ETF 5.5 40 10 5.7 +36.5
FTEC Fidelity MSCI Information Technology Index ETF 5.5 8 42 6.1 +36.8
TECB iShares US Tech Breakthrough Multisector ETF 5.4 40 10 5.4 +36.2
ECOZ TrueMark ESG Active Opportunities ETF 5.4 58 -8 5.4 +36.1
VEGN US Vegan Climate ETF 5.4 60 -10 6.2 +37.0
QQMG Invesco ESG NASDAQ 100 ETF 5.3 20 30 6.3 +37.1
QQQ Invesco QQQ Trust 5.1 20 30 5.9 +36.6
QQQM Invesco NASDAQ 100 ETF 5.1 15 35 6.2 +37.0
MEME Roundhill MEME ETF 5.1 69 -19 -4.1 +26.7
MGK Vanguard Mega Cap Growth ETF 5.0 7 43 5.6 +36.3
WOMN Impact Shares YWCA Women's Empowerment ETF 5.0 75 -25 6.4 +37.2
WUGI AXS Esoterica NextG Economy ETF 4.9 75 -25 3.6 +34.3
NACP Impact Shares NAACP Minority Empowerment ETF 4.9 49 1 6.6 +37.4
ENTR Entrepreneur 30 Fund 4.8 49 1 2.6 +33.3
USXF iShares ESG Advanced MSCI USA ETF 4.8 10 40 6.4 +37.1
FBCG Fidelity Blue Chip Growth ETF 4.7 59 -9 2.9 +33.6
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 4.7 60 -10 6.4 +37.1
SCHG Schwab U.S. Large-Cap Growth ETF 4.6 40 10 5.2 +35.9
CACG ClearBridge All Cap Growth ETF 4.6 53 -3 4.4 +35.2
GVIP Goldman Sachs Hedge Industry VIP ETF 4.5 45 5 5.6 +36.3
SSPX Janus Henderson U.S. Sustainable Equity ETF 4.4 55 -5 4.5 +35.2
OND ProShares On-Demand ETF 4.4 58 -8 -5.5 +25.3
RUFF Alpha Dog ETF 4.4 90 -40 6.3 +37.1
SMH VanEck Semiconductor ETF 4.4 35 15 6.9 +37.7
GBUY Goldman Sachs Future Consumer Equity ETF 4.4 75 -25 3.2 +34.0
MOTO SmartETFs Smart Transportation & Technology ETF 4.4 68 -18 7.7 +38.5
IQM Franklin Intelligent Machines ETF 4.4 50 0 4.1 +34.8
LRNZ TrueMark Technology, AI & Deep Learning ETF 4.4 68 -18 -1.4 +29.3
VERS ProShares Metaverse ETF 4.4 58 -8 -5.6 +25.2
IVSG Invesco Select Growth ETF 4.4 48 2 5.1 +35.9
YALL God Bless America ETF 4.4 65 -15 4.3 +35.1
GK AdvisorShares Gerber Kawasaki ETF 4.4 81 -31 5.4 +36.1
BOTZ Global X Robotics & Artificial Intelligence ETF 4.4 68 -18 2.7 +33.5
TINY ProShares Nanotechnology ETF 4.4 58 -8 1.8 +32.5
PSI Invesco Dynamic Semiconductors ETF 4.4 56 -6 7.4 +38.2
SOXX iShares PHLX Semiconductor ETF 4.4 40 10 7.4 +38.1
VIRS Pacer BioThreat Strategy ETF 4.4 70 -20 7.5 +38.3
BNGE First Trust S-Network Streaming and Gaming ETF 4.4 70 -20 0.7 +31.5
IXN iShares Global Tech ETF 4.4 40 10 5.9 +36.6
NULG Nuveen ESG Large-Cap Growth ETF 4.4 25 25 5.3 +36.1
DRIV Global X Autonomous & Electric Vehicles ETF 4.4 68 -18 5.0 +35.8
CARZ First Trust NASDAQ Global Auto Index Fund 4.4 70 -20 6.6 +37.4
XLK Technology Select Sector SPDR Fund 4.4 10 40 6.3 +37.1
XPND First Trust Expanded Technology ETF 4.4 65 -15 6.5 +37.3
IYW iShares U.S. Technology ETF 4.4 39 11 6.1 +36.9
TRFK Pacer Data and Digital Revolution ETF 4.4 60 -10 5.8 +36.6
SOXQ Invesco PHLX Semiconductor ETF 4.4 19 31 7.5 +38.2
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 4.4 12 38 6.8 +37.5
ESPO VanEck Video Gaming & eSports ETF 4.4 55 -5 7.2 +37.9
SPRX Spear Alpha ETF 4.4 75 -25 2.0 +32.8
SNPG Xtrackers S&P 500 Growth ESG ETF 4.4 15 35 7.1 +37.8
SHOC Strive U.S. Semiconductor ETF 4.4 40 10 7.4 +38.1
QUAL iShares MSCI Usa Quality Factor ETF 4.4 15 35 7.9 +38.7
ARVR First Trust Indxx Metaverse ETF 4.4 70 -20 4.7 +35.5
FTXL First Trust Nasdaq Semiconductor ETF 4.4 60 -10 7.7 +38.5
EGUS iShares ESG Aware MSCI USA Growth ETF 4.3 15 35 5.5 +36.3
TMFC Motley Fool 100 Index ETF 4.3 50 0 5.4 +36.1
IWY iShares Russell Top 200 Growth ETF 4.3 20 30 6.3 +37.0
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 4.2 39 11 6.8 +37.6
VUG Vanguard Growth Index Fund 4.2 4 46 5.5 +36.3
EQOP Natixis U.S. Equity Opportunities ETF 4.2 85 -35 6.5 +37.3
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 4.2 50 0 3.7 +34.4
BBLU EA Bridgeway Blue Chip ETF 4.2 15 35 7.1 +37.9
SYNB Putnam BioRevolution ETF 4.1 70 -20 3.8 +34.6
JFWD Jacob Forward ETF 4.1 75 -25 -13.9 +16.9
KOIN Innovation Shares NextGen Protocol ETF 4.1 75 -25 7.6 +38.4
AIQ Global X Future Analytics Tech ETF 4.0 68 -18 5.3 +36.0
FMET Fidelity Metaverse ETF 4.0 39 11 5.7 +36.5
ILCG iShares Morningstar Growth ETF 4.0 4 46 5.5 +36.3
BTEK BlackRock Future Tech ETF 4.0 88 -38 0.8 +31.5
XNTK SPDR NYSE Technology ETF 4.0 35 15 5.3 +36.1
DSI iShares MSCI KLD 400 Social ETF 4.0 25 25 6.7 +37.5
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 3.9 21 29 4.7 +35.5
ANEW ProShares MSCI Transformational Changes ETF 3.9 45 5 6.0 +36.8
FSST Fidelity Sustainability U.S. Equity ETF 3.9 59 -9 6.3 +37.1
MILN Global X Millennial Consumer ETF 3.8 50 0 3.5 +34.3
SXUS Janus Henderson International Sustainable Equity ETF 3.8 60 -10 4.4 +35.2
SUSL iShares ESG MSCI USA Leaders ETF 3.8 10 40 6.8 +37.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 3.8 10 40 6.8 +37.6
VOOG Vanguard S&P 500 Growth ETF 3.8 10 40 7.0 +37.7
IBUY Amplify Online Retail ETF 3.7 65 -15 -4.6 +26.1
IVW iShares S&P 500 Growth ETF 3.7 18 32 6.9 +37.7
SPYG SPDR Portfolio S&P 500 Growth ETF 3.7 4 46 7.0 +37.8
XLG Invesco S&P 500 Top 50 ETF 3.7 20 30 6.2 +37.0
ITAN Sparkline Intangible Value ETF 3.7 50 0 7.8 +38.5
VONG Vanguard Russell 1000 Growth Index Fund 3.5 8 42 6.3 +37.0
DEMZ Advisors Inner Circle Fund III DEMZ Political Contributions 3.5 45 5 6.8 +37.5
IUSG iShares Core S&P US Growth ETF 3.5 4 46 7.0 +37.8
VPN Global X Data Center REITs & Digital Infrastructure ETF 3.5 50 0 5.8 +36.6
IWF iShares Russell 1000 Growth ETF 3.5 18 32 6.1 +36.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 3.5 49 1 6.3 +37.0
NULC Nuveen ESG Large-Cap ETF 3.5 20 30 6.4 +37.2
ARKQ Ark Autonomous Tech. & Robotics ETF 3.5 75 -25 2.0 +32.7
LRND IQ U.S. Large Cap R&D Leaders ETF 3.5 14 36 6.8 +37.6
FPX First Trust US IPO Index Fund 3.4 57 -7 3.2 +33.9
IETC iShares Evolved U.S. Technology ETF 3.4 18 32 6.0 +36.7
CLNR IQ Cleaner Transport ETF 3.4 45 5 7.2 +37.9
OEF iShares S&P 100 ETF 3.4 20 30 6.5 +37.3
ODDS Pacer BlueStar Digital Entertainment ETF 3.3 60 -10 6.0 +36.8
IVLC Invesco US Large Cap Core ESG ETF 3.2 48 2 6.6 +37.4
BOSS Global X Founder-Run Companies ETF 3.2 45 5 3.6 +34.4
TIME Clockwise Capital Innovation ETF 3.2 95 -45 3.4 +34.2
XSD SPDR S&P Semiconductor ETF 3.2 35 15 6.8 +37.5
SFY SoFi Select 500 ETF 3.1 0 50 6.9 +37.7
STXG Strive 1000 Growth ETF 3.1 18 32 5.8 +36.5
SPHB Invesco S&P 500 High Beta ETF 3.1 25 25 5.2 +35.9
VDNI V-Shares US Leadership Diversity ETF 3.1 29 21 6.8 +37.6
ALTL Pacer Lunt Large Cap Alternator ETF 3.1 60 -10 4.8 +35.6
OALC OneAscent Large Cap Core ETF 3.1 76 -26 6.6 +37.4
IQSU IQ Candriam ESG US Equity ETF 3.1 9 41 6.3 +37.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 3.0 60 -10 6.2 +37.0
ACVF American Conservative Values ETF 3.0 75 -25 5.9 +36.7
FTGS First Trust Growth Strength ETF 3.0 60 -10 8.1 +38.9
PRAY FIS Biblically Responsible Risk Managed ETF 2.9 68 -18 7.3 +38.0
VNSE Natixis Vaughan Nelson Select ETF 2.9 80 -30 4.5 +35.3
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.9 56 -6 6.0 +36.8
SUSA iShares MSCI USA ESG Select ETF 2.8 25 25 6.5 +37.3
IPO Renaissance IPO ETF 2.8 60 -10 -49.6 -18.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.8 45 5 2.2 +33.0
IWL iShares Russell Top 200 ETF 2.7 15 35 6.5 +37.3
SNPE Xtrackers S&P 500 ESG ETF 2.7 10 40 6.9 +37.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.7 65 -15 9.0 +39.7
FDWM Fidelity Women's Leadership ETF 2.7 59 -9 6.4 +37.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 2.7 15 35 6.4 +37.2
WCLD WisdomTree Cloud Computing Fund 2.7 45 5 -0.1 +30.6
PABU iShares Paris-Aligned Climate MSCI USA ETF 2.7 10 40 6.3 +37.1
TRFM AAM Transformers ETF 2.7 49 1 2.0 +32.8
BKLC BNY Mellon US Large Cap Core Equity ETF 2.6 0 50 6.6 +37.4
NZUS SPDR MSCI USA Climate Paris Aligned ETF 2.6 10 40 6.3 +37.0
MGC Vanguard Mega Cap Index Fund 2.6 7 43 6.5 +37.3
SPXV ProShares S&P 500 Ex-Health Care ETF 2.6 27 23 6.3 +37.0
PNQI Invesco NASDAQ Internet ETF 2.6 60 -10 3.4 +34.2
ADME Aptus Drawdown Managed Equity ETF 2.5 79 -29 6.0 +36.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 2.5 30 20 6.6 +37.4
XVV iShares ESG Screened S&P 500 ETF 2.5 8 42 6.7 +37.5
IYJ iShares U.S. Industrials ETF 2.5 39 11 6.4 +37.2
ESGV Vanguard ESG U.S. Stock ETF 2.5 9 41 6.5 +37.3
ARKG ARK Genomic Revolution ETF 2.4 75 -25 -11.7 +19.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 2.4 10 40 7.0 +37.7
LOUP Innovator Loup Frontier Tech ETF 2.4 70 -20 2.1 +32.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 2.4 20 30 6.6 +37.3
QUS SPDR MSCI USA StrategicFactors ETF 2.4 15 35 7.2 +38.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.4 39 11 -1.2 +29.6
BPAY BlackRock Future Financial and Technology ETF 2.4 70 -20 11.9 +42.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 2.4 11 39 6.7 +37.4
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 2.4 63 -13 5.1 +35.9
SPXN ProShares S&P 500 Ex-Financials ETF 2.3 27 23 6.5 +37.3
FDVV Fidelity Core Dividend ETF 2.3 29 21 12.1 +42.9
INNO Harbor Disruptive Innovation ETF 2.3 75 -25 -3.6 +27.1
SPXE ProShares S&P 500 Ex-Energy ETF 2.3 27 23 6.5 +37.3
JMOM JPMorgan U.S. Momentum Factor ETF 2.3 12 38 7.5 +38.2
FEMA Procure Disaster Recovery Strategy ETF 2.3 75 -25 5.9 +36.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 2.3 20 30 6.6 +37.4
VOTE Engine No. 1 Transform 500 ETF 2.3 5 45 6.5 +37.2
ESGU iShares MSCI USA ESG Optimized ETF 2.3 15 35 6.7 +37.4
JQUA JPMorgan U.S. Quality Factor ETF 2.3 12 38 7.3 +38.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 2.3 2 48 6.7 +37.5
VOO VANGUARD S&P 500 ETF 2.3 3 47 6.9 +37.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 2.3 14 36 6.6 +37.3
CATH Global X S&P 500 Catholic Values Custom ETF 2.2 29 21 6.5 +37.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 2.2 7 43 6.7 +37.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 2.2 52 -2 8.8 +39.5
IVV iShares Core S&P 500 ETF 2.2 3 47 6.9 +37.6
SPY SPDR S&P 500 ETF Trust 2.2 9 41 6.8 +37.6
SPLG SPDR Portfolio S&P 500 ETF 2.2 3 47 6.9 +37.6
PBUS Invesco PureBeta MSCI USA ETF 2.2 4 46 6.8 +37.6
STRV Strive 500 ETF 2.2 5 45 6.6 +37.4
VV Vanguard Large-Cap Index Fund 2.2 4 46 6.7 +37.5
ILCB iShares Morningstar U.S. Equity ETF 2.2 3 47 6.8 +37.5
SCHX Schwab U.S. Large-Cap ETF 2.2 3 47 6.7 +37.5
QTUM Defiance Quantum ETF 2.2 40 10 4.7 +35.5
BKUS BNY Mellon Sustainable US Equity ETF 2.2 60 -10 5.9 +36.6
EQWL Invesco Russell Top 200 Equal Weight ETF 2.2 25 25 7.7 +38.5
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 2.1 15 35 6.6 +37.4
SCHK Schwab 1000 Index ETF 2.1 5 45 6.7 +37.5
KCE SPDR S&P Capital Markets ETF 2.1 35 15 9.6 +40.4
IYY iShares Dow Jones U.S. ETF 2.1 20 30 6.5 +37.3
XT iShares Exponential Technologies ETF 2.1 46 4 3.8 +34.5
VONE Vanguard Russell 1000 ETF 2.1 8 42 6.7 +37.4
IWB iShares Russell 1000 ETF 2.1 15 35 6.6 +37.4
RVRB Reverb ETF 2.1 30 20 6.7 +37.5
SPTM SPDR Portfolio Total Stock Market ETF 2.1 3 47 7.0 +37.8
SCHB Schwab U.S. Broad Market ETF 2.0 3 47 6.6 +37.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 2.0 3 47 6.5 +37.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.0 35 15 5.6 +36.4
DFUS Dimensional U.S. Equity ETF 2.0 11 39 6.7 +37.5
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.0 57 -7 5.4 +36.2
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 2.0 17 33 6.9 +37.6
VTHR Vanguard Russell 3000 Index Fund 2.0 10 40 6.5 +37.3
IWV iShares Russell 3000 ETF 2.0 20 30 6.4 +37.2
XSW SPDR S&P Software & Services ETF 2.0 35 15 3.2 +34.0
FDN First Trust Dow Jones Internet Index Fund 2.0 51 -1 3.1 +33.9
MBCC Monarch Blue Chips Core ETF 2.0 125 -75 4.1 +34.9
XLF Financial Select Sector SPDR Fund 2.0 10 40 9.3 +40.1
VTI Vanguard Total Stock Market Index Fund 1.9 3 47 6.5 +37.3
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.9 65 -15 5.9 +36.6
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 1.9 20 30 7.2 +38.0
ESG FlexShares STOXX US ESG Impact Index Fund 1.9 32 18 6.6 +37.3
DTEC ALPS Disruptive Technologies ETF 1.9 50 0 4.5 +35.3
HAIL SPDR S&P Kensho Smart Mobility ETF 1.8 45 5 -5.4 +25.4
NXTG First Trust Indxx NextG ETF 1.8 70 -20 6.9 +37.6
LRGF iShares Edge MSCI Multifactor USA ETF 1.8 8 42 7.9 +38.7
WRND IQ Global Equity R&D Leaders ETF 1.8 18 32 8.5 +39.2
ONLN ProShares Online Retail ETF 1.8 58 -8 -11.3 +19.4
DFAU Dimensional US Core Equity Market ETF 1.7 12 38 6.9 +37.7
RYT Invesco S&P 500 Equal Weight Technology ETF 1.7 40 10 7.0 +37.7
HAPY Harbor Corporate Culture Leaders ETF 1.7 36 14 4.9 +35.7
BUYZ Franklin Disruptive Commerce ETF 1.7 50 0 2.6 +33.3
DGT SPDR Global Dow ETF 1.7 50 0 8.4 +39.1
KOMP SPDR Kensho New Economies Composite ETF 1.6 20 30 -1.3 +29.5
FIVG Defiance Next Gen Connectivity ETF 1.6 30 20 8.0 +38.8
ROCI ROC ETF 1.6 49 1 5.5 +36.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 1.6 9 41 7.4 +38.2
TOK iShares MSCI Kokusai ETF 1.6 25 25 7.0 +37.7
KOKU Xtrackers MSCI Kokusai Equity ETF 1.6 9 41 7.2 +38.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.6 25 25 7.4 +38.2
ISHP First Trust S-Network E-Commerce ETF 1.6 60 -10 4.5 +35.2
QLC FlexShares US Quality Large Cap Index Fund 1.6 25 25 7.6 +38.4
QWLD SPDR MSCI World StrategicFactors ETF 1.6 30 20 7.6 +38.3
KRMA Global X Conscious Companies ETF 1.6 43 7 6.9 +37.7
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.5 60 -10 5.3 +36.0
FLQL Franklin LibertyQ U.S. Equity ETF 1.5 15 35 8.4 +39.2
URTH iShares MSCI World ETF 1.5 24 26 7.1 +37.8
EBIZ Global X E-Commerce ETF 1.5 50 0 0.8 +31.6
PLAT WisdomTree Modern Tech Platforms Fund 1.5 20 30 1.2 +32.0
ROBO Robo Global Robotics & Automation Index ETF 1.5 95 -45 3.4 +34.2
RYF Invesco S&P 500 Equal Weight Financials ETF 1.5 40 10 10.3 +41.1
EQUL IQ Engender Equality ETF 1.4 45 5 7.8 +38.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.4 12 38 6.7 +37.5
GENY Principal Millennials Index ETF 1.4 45 5 6.7 +37.5
XITK SPDR FactSet Innovative Technology ETF 1.4 45 5 0.2 +31.0
FFND Future Fund Active ETF 1.4 101 -51 2.7 +33.4
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 1.4 49 1 6.6 +37.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.4 20 30 7.5 +38.3
ACWI iShares MSCI ACWI ETF 1.3 32 18 7.2 +37.9
RFFC RiverFront Dynamic US Flex-Cap ETF 1.3 52 -2 7.1 +37.9
TMFG Motley Fool Global Opportunities ETF 1.3 85 -35 4.5 +35.2
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 1.3 69 -19 8.0 +38.8
RNLC Large Cap US Equity Select ETF 1.3 60 -10 7.7 +38.5
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.2 47 3 -0.9 +29.9
PSET Principal Price Setters Index ETF 1.2 15 35 7.4 +38.2
DEIF Sterling Capital Diverse Multi-Manager Active ETF 1.2 65 -15 7.7 +38.5
DGRW WisdomTree U.S. Quality Dividend Growth Fund 1.2 28 22 7.2 +38.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.2 9 41 7.0 +37.8
TTAC TrimTabs US Free Cash Flow Quality ETF 1.2 59 -9 8.2 +38.9
VT Vanguard Total World Stock ETF 1.2 7 43 7.3 +38.0
HEET Hartford Schroders ESG US Equity ETF 1.2 39 11 7.6 +38.4
PEXL Pacer US Export Leaders ETF 1.2 60 -10 7.3 +38.1
QDF FlexShares Quality Dividend Index Fund 1.1 37 13 8.7 +39.5
JHML John Hancock Multifactor Large Cap ETF 1.1 29 21 7.1 +37.9
QDEF FlexShares Quality Dividend Defensive Index Fund 1.1 37 13 7.7 +38.5
QDYN FlexShares Quality Dividend Dynamic Index Fund 1.1 37 13 9.4 +40.2
AILG Alpha Intelligent - Large Cap Growth ETF 1.1 85 -35 4.5 +35.3
IXG iShares Global Financials ETF 1.1 40 10 10.4 +41.2
DSTL Distillate US Fundamental Stability & Value ETF 1.0 39 11 8.6 +39.4
ACWF iShares MSCI Global Multifactor ETF 1.0 35 15 9.8 +40.6
KOCG FIS Knights of Columbus Global Belief ETF 1.0 75 -25 8.0 +38.8
JOET Virtus Terranova US Quality Momentum ETF 1.0 29 21 7.2 +37.9
IEDI iShares Evolved U.S. Discretionary Spending ETF 1.0 18 32 6.4 +37.2
FVAL Fidelity Value Factor ETF 1.0 29 21 10.1 +40.9
SNPV Xtrackers S&P ESG Value ETF 0.9 15 35 8.0 +38.8
GSPY Gotham Enhanced 500 ETF 0.9 50 0 7.1 +37.9
DLN WisdomTree U.S. LargeCap Dividend Fund 0.9 28 22 7.9 +38.7
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 0.9 108 -58 4.0 +34.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.9 75 -25 7.7 +38.5
GAMR ETFMG Video Game Tech ETF 0.9 75 -25 7.0 +37.7
IMCG iShares Morningstar Mid-Cap Growth ETF 0.9 6 44 5.5 +36.2
AVUS Avantis U.S. Equity ETF 0.8 15 35 7.8 +38.6
FUNL CornerCap Fundametrics Large-Cap ETF 0.8 50 0 9.0 +39.7
AQGX AI Quality Growth ETF 0.8 97 -47 5.4 +36.1
VXF Vanguard Extended Market Index Fund 0.8 6 44 4.5 +35.3
FMIL Fidelity New Millennium ETF 0.8 59 -9 6.9 +37.7
SIZE iShares MSCI USA Size Factor ETF 0.8 15 35 7.2 +38.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.8 65 -15 2.4 +33.1
DTD WisdomTree U.S.Total Dividend Fund 0.8 28 22 8.3 +39.0
KLDW Gavekal Knowledge Leaders Developed World ETF 0.8 75 -25 5.3 +36.0
EPS WisdomTree U.S. Earnings 500 Fund 0.8 8 42 8.3 +39.1
IWX iShares Russell Top 200 Value ETF 0.8 20 30 8.0 +38.7
RYJ Invesco Raymond James SB-1 Equity ETF 0.7 81 -31 5.9 +36.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.7 19 31 7.9 +38.6
CGGO Capital Group Global Growth Equity ETF 0.7 47 3 4.9 +35.7
SQEW LeaderShares Equity Skew ETF 0.7 75 -25 6.5 +37.3
ETHO Etho Climate Leadership U.S. ETF 0.7 47 3 5.3 +36.1
IUS Invesco Strategic US ETF 0.7 19 31 8.1 +38.9
EUSA iShares MSCI USA Equal Weighted ETF 0.7 9 41 7.3 +38.0
CGGR Capital Group Growth ETF 0.7 39 11 5.0 +35.7
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 30 8.0 +38.8
LCLG Logan Capital Broad Innovative Growth ETF 0.6 99 -49 7.1 +37.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 41 7.1 +37.9
BRNY Burney U.S. Factor Rotation ETF 0.6 79 -29 9.3 +40.1
REVS Columbia Research Enhanced Value ETF 0.6 19 31 9.6 +40.4
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 46 7.4 +38.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.6 4 46 7.4 +38.1
SHE SPDR SSGA Gender Diversity Index ETF 0.6 20 30 6.9 +37.7
IWD iShares Russell 1000 Value ETF 0.6 18 32 8.0 +38.8
VONV Vanguard Russell 1000 Value Index Fund 0.6 8 42 8.1 +38.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.6 19 31 7.5 +38.3
FXL First Trust Technology AlphaDEX Fund 0.6 61 -11 7.5 +38.2
VOOV Vanguard S&P 500 Value ETF 0.5 10 40 7.3 +38.0
IVE iShares S&P 500 Value ETF 0.5 18 32 7.2 +37.9
SPYV SPDR Portfolio S&P 500 Value ETF 0.5 4 46 7.3 +38.1
NTZG Nuveen Global Net Zero Transition ETF 0.5 55 -5 6.1 +36.9
RESP WisdomTree US ESG Fund of Benef Interest 0.5 28 22 7.9 +38.7
IUSV iShares Core S&P U.S. Value ETF 0.5 4 46 7.5 +38.2
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 28 6.7 +37.5
DSMC Distillate Small/Mid Cash Flow ETF 0.5 55 -5 13.5 +44.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.5 18 32 9.1 +39.9
CVAR Cultivar ETF 0.4 87 -37 8.7 +39.5
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.4 60 -10 6.2 +37.0
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 30 7.4 +38.2
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 11 8.3 +39.0
ECNS iShares MSCI China Small-Cap ETF 0.4 57 -7 10.7 +41.5
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.4 25 25 8.3 +39.0
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 52 -2 6.6 +37.4
TPLC Timothy Plan US Large Cap Core ETF 0.4 52 -2 7.2 +37.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.4 25 25 8.2 +39.0
VLU SPDR S&P 1500 Value Tilt ETF 0.4 12 38 8.8 +39.6
RWL Invesco S&P 500 Revenue ETF 0.4 39 11 7.9 +38.7
ILCV iShares Morningstar Value ETF 0.4 4 46 8.4 +39.1
QGRO American Century STOXX U.S. Quality Growth ETF 0.3 29 21 7.2 +37.9
VOT Vanguard Mid-Cap Growth Index Fund 0.3 7 43 5.5 +36.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.3 25 25 7.8 +38.6
IYG iShares US Financial Services ETF 0.3 39 11 9.2 +39.9
FTC First Trust Large Cap Growth AlphaDEX Fund 0.3 59 -9 6.7 +37.4
IWN iShares Russell 2000 Value ETF 0.3 23 27 6.7 +37.5
VTWV Vanguard Russell 2000 Value Index Fund 0.3 15 35 6.7 +37.4
RECS Columbia Research Enhanced Core ETF 0.3 15 35 7.8 +38.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 38 7.3 +38.0
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 44 9.5 +40.3
IYF iShares U.S. Financials ETF 0.3 39 11 9.1 +39.8
PGJ Invesco Golden Dragon China ETF 0.3 70 -20 4.5 +35.3
QVML Invesco S&P 500 QVM Multi-factor ETF 0.3 11 39 7.1 +37.9
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.3 35 15 7.7 +38.5
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.3 35 15 7.7 +38.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 41 5.1 +35.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 7.2 +38.0
HKND Humankind US Stock ETF 0.2 11 39 8.4 +39.2
FLDZ RiverNorth Volition America Patriot ETF 0.2 70 -20 7.3 +38.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 11 5.8 +36.6
SSPY Syntax Stratified LargeCap ETF 0.2 30 20 7.7 +38.5
ROUS Hartford Multifactor US Equity ETF 0.2 19 31 8.7 +39.5
VFH Vanguard Financials Index Fund 0.2 10 40 9.9 +40.6
FNCL Fidelity MSCI Financials Index ETF 0.2 8 42 9.9 +40.6
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 25 11.9 +42.6
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.2 25 25 7.4 +38.2
IWS iShares Russell Mid-Cap Value ETF 0.2 23 27 7.9 +38.7
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 25 5.6 +36.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.2 42 8 7.1 +37.9
FEX First Trust Large Cap Core AlphaDEX Fund 0.2 59 -9 8.3 +39.1
VO Vanguard Mid-Cap Index Fund 0.2 4 46 7.3 +38.0
VALQ American Century STOXX U.S. Quality Value ETF 0.2 29 21 11.0 +41.8
VBK Vanguard Small-Cap Growth Index Fund 0.2 7 43 1.8 +32.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 63 -13 5.3 +36.1
IWM iShares Russell 2000 ETF 0.2 19 31 4.9 +35.6
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 44 2.3 +33.0
VTWO Vanguard Russell 2000 Index Fund 0.2 10 40 4.9 +35.7
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 1 8.0 +38.8
IWC iShares Micro-Cap ETF 0.1 60 -10 -4.6 +26.2
VFVA Vanguard U.S. Value Factor ETF 0.1 13 37 13.0 +43.7
EES WisdomTree SmallCap Earnings Fund 0.1 38 12 13.3 +44.1
FYX First Trust Small Cap Core AlphaDEX Fund 0.1 61 -11 9.3 +40.1
DFUV Dimensional US Marketwide Value ETF 0.1 23 27 9.5 +40.3
IWR iShares Russell Midcap ETF 0.1 18 32 6.9 +37.6
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 21 8.9 +39.6
SCHA Schwab U.S. Small-Cap ETF 0.1 4 46 6.0 +36.8
ISCB iShares Morningstar Small-Cap ETF 0.1 4 46 5.6 +36.4
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.1 6 44 5.9 +36.7
AVDV Avantis International Small Cap Value ETF 0.1 36 14 10.3 +41.0
YPS Arrow Reverse Cap 500 ETF 0.1 29 21 7.1 +37.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 8.8 +39.6
TPSC Timothy Plan US Small Cap Core ETF 0.1 52 -2 9.3 +40.1
VB Vanguard Small-Cap ETF 0.1 5 45 6.4 +37.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 7.9 +38.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 9.3 +40.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 68 -18 7.2 +38.0
GWX SPDR S&P International Small Cap ETF 0.1 40 10 6.1 +36.9
IGV iShares Expanded Tech-Software ETF 0.0 40 10 4.6 +35.3
AVES Avantis Emerging Markets Value ETF 0.0 36 14 15.0 +45.8
AVEM Avantis Emerging Markets Equity ETF 0.0 33 17 10.6 +41.4
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 44 9.0 +39.7
HLGE Hartford Longevity Economy ETF 0.0 44 6 8.6 +39.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.0 20 30 8.5 +39.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.0 49 1 6.2 +37.0
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.0 8 42 5.9 +36.6
VCR Vanguard Consumer Discretionary Index Fund 0.0 10 40 5.9 +36.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 33 8.7 +39.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 43 6.9 +37.7
GXC SPDR S&P China ETF 0.0 59 -9 10.1 +40.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 4 46 7.6 +38.4
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 1 7.9 +38.7
AVDE Avantis International Equity ETF 0.0 23 27 9.3 +40.1
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 9.5 +40.3
IWO iShares Russell 2000 Growth ETF 0.0 23 27 3.1 +33.9
SPEM SPDR Portfolio Emerging Markets ETF 0.0 11 39 8.7 +39.4
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 42 8.8 +39.5
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 41 8.7 +39.5
VTWG Vanguard Russell 2000 Growth Index Fund 0.0 15 35 3.2 +33.9
VSGX Vanguard ESG International Stock ETF 0.0 12 38 7.8 +38.6
VXUS Vanguard Total International Stock ETF 0.0 7 43 8.1 +38.9
SPEU SPDR Portfolio Europe ETF 0.0 9 41 7.6 +38.4

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
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 -30.3 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 50 bp
Equals: ALTAR Score -30.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.35 CATEGORY
AVERAGE		 1.48
 
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.