Global X Blockchain ETF
ALTAR
Score™		 -3.6% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 -111.5x P/Sales
ratio		 6.7x
P/BV
ratio		 8.3x 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) $305
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 11.6 %
COINBASE GLOBAL, INC. CLASS A 11.0 %
MARATHON DIGITAL HOLDINGS INC 9.5 %
TERAWULF INC. 8.1 %
IRIS ENERGY LTD. 6.6 %
APPLIED BLOCKCHAIN INC 6.6 %
CLEANSPARK, INC. 6.1 %
HUT 8 CORP 5.8 %
CIPHER MINING INC 5.2 %
CORE SCIENTIFIC, INC. 4.6 %
Total 74.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 76.0 %
CANADA 12.6 %
AUSTRALIA 6.6 %
CHINA 3.4 %
GERMANY 1.1 %
BRITAIN 0.4 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
24.7% 57.2% -- -- -5.3%

Market Correlations
versus... Beta R-squared
S&P500 3.32 40%
MSCI EAFE 1.72 12%
MSCI Emg. Mkts. 1.52 10%

Technical Indicators
Recent close $80.27
30d moving avg. $61.10
Annualized volatility 79.8%
Short interest (ETF) 3.0%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 56
Turnover 1.5%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $27,442

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 297 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™: -3.6%


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 76.5 85 -35 -2.3 +1.2
DAPP VanEck Digital Transformation ETF 65.4 50 0 0.0 +3.6
IBLC iShares Blockchain and Tech ETF 64.1 47 3 -2.6 +0.9
FDIG Fidelity Crypto Industry and Digital Payments ETF 57.9 39 11 -1.3 +2.3
WGMI Valkyrie Bitcoin Miners ETF 57.9 75 -25 -4.3 -0.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 34.6 68 -18 2.5 +6.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 32.2 61 -11 -1.9 +1.7
BWEB Bitwise Web3 ETF 25.3 85 -35 -0.2 +3.4
BLOK Amplify Transformational Data Sharing ETF 24.8 75 -25 -0.4 +3.2
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 22.3 65 -15 -1.4 +2.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 22.0 61 -11 1.3 +4.8
BCOR Grayscale Bitcoin Adopters ETF 21.7 59 -9 2.3 +5.8
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 21.5 85 -35 0.0 +3.6
FINX Global X FinTech ETF 12.4 68 -18 2.1 +5.7
STCE Schwab Crypto Thematic ETF 11.6 30 20 0.8 +4.3
TMAT Main Thematic Innovation ETF 9.8 164 -114 -1.5 +2.1
XSW SPDR S&P Software & Services ETF 8.3 35 15 2.1 +5.7
ARKF ARK Fintech Innovation ETF 6.5 75 -25 -0.4 +3.1
ARKK ARK Innovation ETF 6.3 75 -25 -2.5 +1.1
ARKW ARK Next Generation Internet ETF 5.6 87 -37 -0.4 +3.2
FFTY Innovator IBD 50 ETF 5.4 80 -30 -2.3 +1.2
BUZZ VanEck Social Sentiment ETF 5.4 75 -25 -0.4 +3.2
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 5.1 40 10 3.9 +7.5
DTCR Global X Data Center & Digital Infrastructure ETF 5.1 50 0 4.2 +7.7
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 4.6 75 -25 4.5 +8.1
PSCT Invesco S&P SmallCap Information Technology ETF 4.5 29 21 5.0 +8.6
BPAY BlackRock Future Financial and Technology ETF 4.2 70 -20 7.6 +11.1
CBSE Clough Select Equity ETF 3.5 85 -35 0.8 +4.4
YALL God Bless America ETF 3.1 65 -15 3.6 +7.2
KOMP SPDR S&P Kensho New Economies Composite ETF 2.6 20 30 2.4 +6.0
GVIP Goldman Sachs Hedge Industry VIP ETF 2.5 45 5 3.1 +6.7
METV Roundhill Ball Metaverse ETF 2.4 59 -9 7.3 +10.9
FYC First Trust Small Cap Growth AlphaDEX Fund 2.4 71 -21 0.4 +4.0
IWC iShares Micro-Cap ETF 2.4 60 -10 -0.8 +2.7
FDFF Fidelity Disruptive Finance ETF 2.3 50 0 4.2 +7.8
KCE SPDR S&P Capital Markets ETF 1.9 35 15 5.5 +9.1
SFYF SoFi Social 50 ETF 1.8 29 21 0.4 +3.9
VOT Vanguard Mid-Cap Growth ETF 1.7 7 43 3.6 +7.1
IWN iShares Russell 2000 Value ETF 1.6 24 26 7.3 +10.8
VTWV Vanguard Russell 2000 Value ETF 1.6 10 40 7.3 +10.8
RSPF Invesco S&P 500 Equal Weight Financials ETF 1.6 40 10 6.6 +10.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.6 35 15 4.1 +7.7
LCLG Logan Capital Broad Innovative Growth ETF 1.6 99 -49 3.8 +7.4
GINN Goldman Sachs Innovate Equity ETF 1.5 52 -2 3.6 +7.1
SPHB Invesco S&P 500 High Beta ETF 1.5 25 25 4.6 +8.1
ALTL Pacer Lunt Large Cap Alternator ETF 1.5 60 -10 4.2 +7.7
PNQI Invesco NASDAQ Internet ETF 1.5 60 -10 3.2 +6.8
GFGF Guru Favorite Stocks ETF Guru Favorite Stocks Fund 1.5 65 -15 3.6 +7.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.5 9 41 4.2 +7.7
PWB Invesco Large Cap Growth ETF 1.5 56 -6 3.1 +6.7
FXO First Trust Financials AlphaDEX Fund 1.4 62 -12 8.1 +11.7
IJT iShares S&P Small-Cap 600 Growth ETF 1.2 18 32 5.5 +9.1
STXK Strive Small-Cap ETF 1.2 18 32 5.8 +9.4
SLYG SPDR S&P 600 Small Cap Growth ETF 1.2 15 35 5.5 +9.1
IWM iShares Russell 2000 ETF 1.1 19 31 4.3 +7.8
VTWO Vanguard Russell 2000 ETF 1.1 7 43 4.3 +7.8
IMCG iShares Morningstar Mid-Cap Growth ETF 1.1 6 44 4.0 +7.6
IYF iShares U.S. Financials ETF 1.0 40 10 5.8 +9.3
RSSL Global X Russell 2000 ETF 1.0 8 42 4.3 +7.9
FYX First Trust Small Cap Core AlphaDEX Fund 1.0 61 -11 5.9 +9.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.0 10 40 5.6 +9.2
IYG iShares US Financial Services ETF 1.0 40 10 5.2 +8.8
TIME Clockwise Core Equity & Innovation ETF 1.0 95 -45 2.8 +6.4
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 1.0 29 21 6.5 +10.1
DARP Grizzle Growth ETF 1.0 75 -25 2.9 +6.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.9 64 -14 2.2 +5.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.9 6 44 2.9 +6.4
XLF Financial Select Sector SPDR Fund 0.9 8 42 5.7 +9.3
ANEW ProShares MSCI Transformational Changes ETF 0.9 45 5 6.1 +9.6
PDP Invesco Dorsey Wright Momentum ETF 0.9 62 -12 3.8 +7.4
IGV iShares Expanded Tech-Software Sector ETF 0.8 41 9 2.6 +6.2
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 46 5.9 +9.4
AMID Argent Mid Cap ETF Argent Mid Cap ETF 0.8 52 -2 6.4 +9.9
FDMO Fidelity Momentum Factor ETF 0.8 15 35 3.6 +7.1
FTC First Trust Large Cap Growth AlphaDEX Fund 0.8 59 -9 2.7 +6.3
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 37 2.9 +6.5
VFH Vanguard Financials ETF 0.7 9 41 6.3 +9.8
FNCL Fidelity MSCI Financials Index ETF 0.7 8 42 6.3 +9.8
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 25 9.7 +13.2
VO Vanguard Mid-Cap ETF 0.7 4 46 5.7 +9.3
IWS iShares Russell Mid-Cap Value ETF 0.6 23 27 6.8 +10.3
IJR iShares Core S&P Small Cap ETF 0.6 6 44 7.6 +11.2
VTWG Vanguard Russell 2000 Growth ETF 0.6 10 40 1.4 +5.0
IWO iShares Russell 2000 Growth ETF 0.6 24 26 1.3 +4.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.6 7 43 7.6 +11.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.6 3 47 7.6 +11.2
BUYZ Franklin Disruptive Commerce ETF 0.6 50 0 2.2 +5.7
VGT Vanguard Information Technology ETF 0.6 9 41 3.8 +7.4
ISCB iShares Morningstar Small-Cap ETF 0.6 4 46 6.2 +9.8
IMCB iShares Morningstar Mid-Cap ETF 0.5 4 46 6.1 +9.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.5 95 -45 0.5 +4.1
IWR iShares Russell Midcap ETF 0.5 19 31 5.8 +9.3
PTL Inspire 500 ETF 0.5 9 41 5.2 +8.7
GQQQ Astoria US Quality Growth Kings ETF 0.5 35 15 4.6 +8.1
IXG iShares Global Financials ETF 0.5 42 8 6.5 +10.1
XT iShares Exponential Technologies ETF 0.5 46 4 4.8 +8.4
FTEC Fidelity MSCI Information Technology Index ETF 0.5 8 42 3.9 +7.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.5 17 33 5.7 +9.2
GWX SPDR S&P International Small Cap ETF 0.5 40 10 5.9 +9.4
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 38 7.4 +10.9
FBCG Fidelity Blue Chip Growth ETF 0.5 59 -9 2.8 +6.3
JHSC John Hancock Multifactor Small Cap ETF 0.4 42 8 6.6 +10.2
VBK Vanguard Small-Cap Growth ETF 0.4 7 43 1.9 +5.5
BCDF Horizon Kinetics Blockchain Development ETF 0.4 85 -35 4.1 +7.7
TRFM AAM Transformers ETF 0.4 49 1 1.3 +4.8
AVSC Avantis U.S Small Cap Equity ETF 0.4 25 25 5.5 +9.1
VXF Vanguard Extended Market ETF 0.4 5 45 4.6 +8.2
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 -9 5.8 +9.4
BFOR ALPS Barron's 400 ETF 0.4 65 -15 6.0 +9.5
AIQ Global X Artificial Intelligence & Technology ETF 0.4 68 -18 3.6 +7.2
SFY SoFi Select 500 ETF 0.3 0 50 4.4 +7.9
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.5 +7.0
DFAS Dimensional U.S. Small Cap ETF 0.3 26 24 6.4 +9.9
AOTG AOT Growth and Innovation ETF 0.3 75 -25 1.7 +5.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 29 3.6 +7.2
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.3 40 10 3.7 +7.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 30 5.5 +9.1
OPTZ Optimize Strategy Index ETF 0.3 50 0 4.6 +8.1
BLES Inspire Global Hope ETF 0.3 61 -11 6.8 +10.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.3 9 41 6.1 +9.7
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 27 5.7 +9.3
SCHA Schwab U.S. Small-Cap ETF 0.3 4 46 5.8 +9.4
SFYX SoFi Next 500 ETF 0.3 0 50 5.7 +9.3
FELG Fidelity Enhanced Large Cap Growth ETF 0.3 18 32 4.6 +8.1
PGJ Invesco Golden Dragon China ETF 0.2 70 -20 11.0 +14.5
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 30 6.6 +10.2
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 41 4.8 +8.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 38 4.4 +8.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 46 3.9 +7.5
DFVX Dimensional US Large Cap Vector ETF 0.2 22 28 6.2 +9.7
FDN First Trust Dow Jones Internet Index Fund 0.2 52 -2 3.0 +6.6
FDND FT Vest Dow Jones Internet & Target Income ETF 0.2 75 -25 2.9 +6.5
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 5.3 +8.9
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 44 9.3 +12.8
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 14 3.6 +7.2
VUG Vanguard Growth ETF 0.2 4 46 4.0 +7.5
SIZE iShares MSCI USA Size Factor ETF 0.2 15 35 6.1 +9.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 38 4.5 +8.0
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.2 52 -2 5.6 +9.1
ILCG iShares Morningstar Growth ETF 0.2 4 46 3.6 +7.2
IWD iShares Russell 1000 Value ETF 0.2 19 31 6.4 +10.0
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 27 3.4 +7.0
VONV Vanguard Russell 1000 Value ETF 0.2 7 43 6.5 +10.1
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 31 5.3 +8.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 -8 5.5 +9.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.2 25 25 7.8 +11.4
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -2 6.8 +10.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 5.5 +9.0
VB Vanguard Small-Cap ETF 0.2 5 45 6.1 +9.7
IGM iShares Expanded Tech Sector ETF 0.2 41 9 3.8 +7.3
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.2 25 25 5.3 +8.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.2 35 15 7.7 +11.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 11 5.8 +9.3
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 41 6.1 +9.7
DXUV Dimensional US Vector Equity ETF 0.2 28 22 6.2 +9.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 41 5.5 +9.0
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 22 9.2 +12.8
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 35 5.9 +9.5
GLBL Pacer MSCI World Industry Advantage ETF 0.2 65 -15 4.1 +7.6
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 15 5.1 +8.6
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 41 4.6 +8.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 35 4.9 +8.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 25 5.6 +9.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 47 4.8 +8.4
IWV iShares Russell 3000 ETF 0.2 20 30 4.7 +8.2
VTHR Vanguard Russell 3000 ETF 0.2 7 43 4.8 +8.4
VTI Vanguard Total Stock Market ETF 0.2 3 47 4.8 +8.4
MODL VictoryShares WestEnd U.S. Sector ETF 0.2 42 8 4.5 +8.0
STXG Strive 1000 Growth ETF 0.1 18 32 3.8 +7.4
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 27 8.1 +11.6
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 39 5.1 +8.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.1 70 -20 2.8 +6.3
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 5.6 +9.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 40 5.1 +8.6
DFAU Dimensional US Core Equity Market ETF 0.1 12 38 5.0 +8.5
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 8 4.2 +7.8
IVE iShares S&P 500 Value ETF 0.1 18 32 6.2 +9.7
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 46 6.3 +9.8
VOOV Vanguard S&P 500 Value ETF 0.1 7 43 6.3 +9.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 21 4.6 +8.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 41 4.6 +8.1
AVUS Avantis U.S. Equity ETF 0.1 15 35 5.7 +9.2
IUSV iShares Core S&P US Value ETF 0.1 4 46 6.4 +10.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 41 5.6 +9.2
KLMN Invesco MSCI North America Climate ETF 0.1 9 41 4.9 +8.5
SCHB Schwab U.S. Broad Market ETF 0.1 3 47 4.9 +8.5
DFUS Dimensional U.S. Equity ETF 0.1 9 41 4.7 +8.3
IVV iShares Core S&P 500 ETF 0.1 3 47 4.9 +8.5
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 48 4.9 +8.5
SPY SPDR S&P 500 ETF Trust 0.1 9 41 4.8 +8.4
VOO Vanguard S&P 500 ETF 0.1 3 47 4.9 +8.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 48 4.9 +8.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 50 4.8 +8.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 43 4.7 +8.3
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 41 4.7 +8.3
VOTE TCW Transform 500 ETF 0.1 5 45 4.8 +8.4
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 32 6.5 +10.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 47 5.1 +8.6
VV Vanguard Large-Cap ETF 0.1 4 46 4.8 +8.3
SCHX Schwab U.S. Large-Cap ETF 0.1 3 47 4.9 +8.5
STRV Strive 500 ETF 0.1 5 45 4.8 +8.3
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 32 5.3 +8.9
PBUS Invesco MSCI USA ETF 0.1 4 46 4.8 +8.4
SCHK Schwab 1000 Index ETF 0.1 5 45 4.9 +8.5
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 47 4.8 +8.3
IYY iShares Dow Jones U.S. ETF 0.1 20 30 4.7 +8.3
RVRB Reverb ETF 0.1 30 20 4.5 +8.0
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 7.6 +11.2
TOV JLens 500 Jewish Advocacy U.S. ETF 0.1 18 32 4.6 +8.1
OALC OneAscent Large Cap Core ETF 0.1 86 -36 4.0 +7.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 39 4.8 +8.4
IVW iShares S&P 500 Growth ETF 0.1 18 32 3.9 +7.5
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 46 4.0 +7.6
VONE Vanguard Russell 1000 ETF 0.1 7 43 4.9 +8.4
VOOG Vanguard S&P 500 Growth ETF 0.1 7 43 4.0 +7.5
IWB iShares Russell 1000 ETF 0.1 15 35 4.8 +8.3
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 46 4.1 +7.7
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 32 5.1 +8.7
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 15 5.9 +9.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 10 5.9 +9.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.4 +9.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 7.7 +11.2
AVUQ Avantis U.S. Quality ETF 0.1 15 35 4.3 +7.9
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 35 4.7 +8.2
DFIS Dimensional International Small Cap ETF 0.1 39 11 7.2 +10.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 8.2 +11.8
APUE ActivePassive U.S. Equity ETF 0.1 45 5 4.6 +8.1
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 40 5.6 +9.2
TOK iShares MSCI Kokusai ETF 0.1 26 24 5.0 +8.5
VT Vanguard Total World Stock ETF 0.1 6 44 5.8 +9.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 9.5 +13.1
URTH iShares MSCI World ETF 0.1 24 26 5.0 +8.6
JHML John Hancock Multifactor Large Cap ETF 0.1 29 21 5.3 +8.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 41 5.2 +8.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 30 5.6 +9.1
ACWI iShares MSCI ACWI ETF 0.1 32 18 5.5 +9.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.1 60 -10 7.3 +10.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 30 6.8 +10.3
AIEQ AI Powered Equity ETF 0.1 75 -25 3.7 +7.3
EPS WisdomTree U.S. LargeCap Fund 0.1 8 42 5.6 +9.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 41 5.1 +8.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 31 6.3 +9.8
HDUS Hartford Disciplined US Equity ETF 0.1 19 31 5.6 +9.2
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 32 6.7 +10.2
EZM WisdomTree U.S. MidCap Fund 0.1 38 12 9.1 +12.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 11 5.3 +8.8
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 40 4.3 +7.8
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 35 5.8 +9.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 7.0 +10.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 5.1 +8.6
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 7.7 +11.3
GSPY Gotham Enhanced 500 ETF 0.0 50 0 5.2 +8.8
RWL Invesco S&P 500 Revenue ETF 0.0 39 11 6.8 +10.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 6.9 +10.5
EBI Longview Advantage ETF 0.0 35 15 6.5 +10.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 38 6.5 +10.1
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 10.0 +13.6
GXC SPDR S&P China ETF 0.0 59 -9 14.4 +18.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 6.8 +10.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 11 6.7 +10.2
IWF iShares Russell 1000 Growth ETF 0.0 19 31 4.3 +7.9
VONG Vanguard Russell 1000 Growth ETF 0.0 7 43 4.4 +8.0
FESM Fidelity Enhanced Small Cap ETF 0.0 28 22 7.2 +10.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 11 7.8 +11.4
DFIC Dimensional International Core Equity 2 ETF 0.0 23 27 7.3 +10.9
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 8 7.2 +10.8
DFAI Dimensional International Core Equity Market ETF 0.0 18 32 7.1 +10.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 20 7.7 +11.3
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 32 3.7 +7.2
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.4 +10.9
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 40 4.3 +7.8
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 35 5.7 +9.2
HKND Humankind US Stock ETF 0.0 11 39 7.1 +10.7
AVSD Avantis Responsible International Equity ETF 0.0 23 27 5.6 +9.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.0 42 8 9.4 +13.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 42 6.0 +9.6
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 6.2 +9.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 7.1 +10.7
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 5.9 +9.5
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 43 7.8 +11.3
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 1 9.1 +12.7
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 26 6.3 +9.8
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 46 6.9 +10.4
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 7.0 +10.5
DXIV Dimensional International Vector Equity ETF 0.0 34 16 7.7 +11.3
VWO Vanguard FTSE Emerging Markets ETF 0.0 7 43 9.8 +13.4
SPEU SPDR Portfolio Europe ETF 0.0 7 43 7.4 +10.9
DFUV Dimensional US Marketwide Value ETF 0.0 22 28 7.5 +11.0
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 9.0 +12.5
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 10.2 +13.7
VSGX Vanguard ESG International Stock ETF 0.0 10 40 7.5 +11.1
VXUS Vanguard Total International Stock ETF 0.0 5 45 7.7 +11.3
AVDE Avantis International Equity ETF 0.0 23 27 7.3 +10.8
AVEM Avantis Emerging Markets Equity ETF 0.0 33 17 8.4 +11.9
AVSE Avantis Responsible Emerging Markets Equity ETF 0.0 33 17 8.1 +11.7
APIE ActivePassive International Equity ETF 0.0 45 5 7.3 +10.9
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 5 7.0 +10.5

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 7.4 x
Less: Expense ratio 50 bp
Equals: ALTAR Score -3.6 %
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.