Global X Blockchain ETF
ALTAR
Score™		 -4.4% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 121.3x P/Sales
ratio		 2.8x
P/BV
ratio		 4.2x Div.
yield		 1.6%


  • 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) $146
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 22
Wgt avg mkt cap (mns) $62,675
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
COINBASE GLOBAL, INC. CLASS A 12.8 %
RIOT BLOCKCHAIN INC 11.2 %
MARATHON DIGITAL HOLDINGS INC 10.5 %
CASH 8.5 %
CLEANSPARK, INC. 7.9 %
APPLIED BLOCKCHAIN INC 6.0 %
GALAXY DIGITAL HOLDINGS LTD. 5.9 %
IRIS ENERGY LTD. 5.3 %
TERAWULF INC. 5.0 %
CORE SCIENTIFIC, INC. 4.9 %
Total 77.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 72.3 %
CANADA 9.6 %
AUSTRALIA 5.3 %
CHINA 2.6 %
GERMANY 1.6 %
BRITAIN 0.5 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-19.5% -0.8% -- -- -15.7%

Market Correlations
versus... Beta R-squared
S&P500 1.54 3%
MSCI EAFE 2.12 6%
MSCI Emg. Mkts. 1.47 3%

Technical Indicators
Recent close $41.23
30d moving avg. $40.52
Annualized volatility 148.8%
Short interest (ETF) 3.4%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 60
Turnover 1.7%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $27,442

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 267 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™: -4.4%


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
(%)
IBLC iShares Blockchain and Tech ETF 61.1 47 3 -3.7 +0.7
FDIG Fidelity Crypto Industry and Digital Payments ETF 59.4 39 11 -1.0 +3.4
DAPP VanEck Digital Transformation ETF 58.5 50 0 0.0 +4.4
BITQ Bitwise Crypto Industry Innovators ETF 57.6 85 -35 -2.7 +1.7
WGMI Valkyrie Bitcoin Miners ETF 51.9 75 -25 -9.9 -5.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 33.0 61 -11 -2.3 +2.1
BWEB Bitwise Web3 ETF 25.6 85 -35 0.2 +4.6
BLOK Amplify Transformational Data Sharing ETF 25.4 75 -25 0.3 +4.7
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 24.7 85 -35 0.0 +4.4
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 22.0 65 -15 -1.5 +2.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 20.8 68 -18 0.3 +4.7
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 19.1 61 -11 1.5 +5.9
STCE Schwab Crypto Thematic ETF 13.6 30 20 1.6 +6.0
FINX Global X FinTech ETF 11.3 68 -18 2.5 +6.9
ARKF ARK Fintech Innovation ETF 9.9 75 -25 -0.4 +4.0
ARKK ARK Innovation ETF 9.4 75 -25 -2.9 +1.5
ARKW ARK Next Generation Internet ETF 8.2 87 -37 -0.6 +3.8
BCDF Horizon Kinetics Blockchain Development ETF 6.3 85 -35 4.0 +8.5
XSW SPDR S&P Software & Services ETF 5.6 35 15 1.9 +6.3
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 5.5 40 10 4.4 +8.8
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 5.3 75 -25 4.5 +8.9
PSCT Invesco S&P SmallCap Information Technology ETF 4.9 29 21 5.8 +10.2
TMAT Main Thematic Innovation ETF 4.8 164 -114 -1.5 +2.9
METV Roundhill Ball Metaverse ETF 3.7 59 -9 7.4 +11.8
CBSE Clough Select Equity ETF 3.5 85 -35 1.4 +5.8
YALL God Bless America ETF 3.5 65 -15 3.9 +8.3
KOMP SPDR S&P Kensho New Economies Composite ETF 3.2 20 30 3.6 +8.0
BPAY BlackRock Future Financial and Technology ETF 2.8 70 -20 7.3 +11.8
DTCR Global X Data Center & Digital Infrastructure ETF 2.5 50 0 4.7 +9.1
BUZZ VanEck Social Sentiment ETF 2.4 75 -25 -0.2 +4.2
KCE SPDR S&P Capital Markets ETF 2.1 35 15 6.1 +10.5
TIME Clockwise Core Equity & Innovation ETF 2.0 95 -45 2.8 +7.2
SFYF SoFi Social 50 ETF 1.8 29 21 0.2 +4.6
IWC iShares Micro-Cap ETF 1.8 60 -10 -0.7 +3.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.7 35 15 4.4 +8.9
FDFF Fidelity Disruptive Finance ETF 1.6 50 0 4.1 +8.5
RSPF Invesco S&P 500 Equal Weight Financials ETF 1.6 40 10 7.0 +11.4
LCLG Logan Capital Broad Innovative Growth ETF 1.5 99 -49 4.3 +8.7
IWP iShares Russell Mid-Cap Growth ETF 1.4 23 27 3.5 +7.9
GVIP Goldman Sachs Hedge Industry VIP ETF 1.4 45 5 3.5 +7.9
PNQI Invesco NASDAQ Internet ETF 1.4 60 -10 3.6 +8.0
VOT Vanguard Mid-Cap Growth ETF 1.4 7 43 3.7 +8.1
IJT iShares S&P Small-Cap 600 Growth ETF 1.2 18 32 5.9 +10.3
SLYG SPDR S&P 600 Small Cap Growth ETF 1.2 15 35 5.9 +10.3
VXF Vanguard Extended Market ETF 1.1 6 44 5.1 +9.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.0 9 41 4.8 +9.2
GINN Goldman Sachs Innovate Equity ETF 1.0 52 -2 4.2 +8.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.0 15 35 5.9 +10.4
IMCG iShares Morningstar Mid-Cap Growth ETF 0.9 6 44 4.2 +8.6
DARP Grizzle Growth ETF 0.9 75 -25 3.8 +8.2
IYF iShares U.S. Financials ETF 0.9 40 10 6.2 +10.6
FNK First Trust Mid Cap Value AlphaDEX Fund 0.9 70 -20 12.2 +16.6
IYG iShares US Financial Services ETF 0.9 40 10 5.6 +10.0
IWO iShares Russell 2000 Growth ETF 0.9 24 26 1.5 +5.9
VTWG Vanguard Russell 2000 Growth ETF 0.8 15 35 1.5 +5.9
XLF Financial Select Sector SPDR Fund 0.8 8 42 5.9 +10.4
RSSL Global X Russell 2000 ETF 0.7 8 42 4.8 +9.3
IWM iShares Russell 2000 ETF 0.7 19 31 4.9 +9.3
VTWO Vanguard Russell 2000 ETF 0.7 10 40 4.9 +9.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 46 6.5 +10.9
ANEW ProShares MSCI Transformational Changes ETF 0.7 45 5 6.3 +10.7
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 25 10.9 +15.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.7 6 44 3.0 +7.4
VFH Vanguard Financials ETF 0.6 10 40 6.6 +11.0
IJR iShares Core S&P Small Cap ETF 0.6 6 44 8.3 +12.7
VIOO Vanguard S&P Small-Cap 600 ETF 0.6 10 40 8.3 +12.7
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.6 3 47 8.3 +12.8
VO Vanguard Mid-Cap ETF 0.6 4 46 6.0 +10.4
FDMO Fidelity Momentum Factor ETF 0.6 15 35 3.9 +8.4
STXK Strive Small-Cap ETF 0.5 18 32 6.6 +11.0
IGV iShares Expanded Tech-Software Sector ETF 0.5 41 9 2.8 +7.2
FNCL Fidelity MSCI Financials Index ETF 0.5 8 42 6.5 +10.9
IWN iShares Russell 2000 Value ETF 0.5 24 26 8.4 +12.8
VTWV Vanguard Russell 2000 Value ETF 0.5 15 35 8.4 +12.8
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 23 9.5 +13.9
IMCB iShares Morningstar Mid-Cap ETF 0.5 4 46 6.3 +10.7
GQQQ Astoria US Quality Growth Kings ETF 0.5 35 15 5.0 +9.4
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 38 7.9 +12.3
IWR iShares Russell Midcap ETF 0.5 19 31 6.1 +10.5
JHSC John Hancock Multifactor Small Cap ETF 0.5 42 8 7.2 +11.6
XT iShares Exponential Technologies ETF 0.5 46 4 5.7 +10.1
IXG iShares Global Financials ETF 0.4 42 8 6.8 +11.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 -10 8.1 +12.5
BUYZ Franklin Disruptive Commerce ETF 0.4 50 0 2.3 +6.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.4 15 35 8.4 +12.8
VFMO Vanguard U.S. Momentum Factor ETF 0.4 13 37 3.2 +7.6
PTL Inspire 500 ETF 0.4 9 41 5.6 +10.0
ISCB iShares Morningstar Small-Cap ETF 0.4 4 46 6.5 +10.9
FYC First Trust Small Cap Growth AlphaDEX Fund 0.4 71 -21 0.5 +5.0
BFOR ALPS Barron's 400 ETF 0.3 65 -15 6.2 +10.6
SFY SoFi Select 500 ETF 0.3 0 50 4.7 +9.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 33 6.3 +10.7
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 42 4.4 +8.8
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -9 3.2 +7.6
GSPY Gotham Enhanced 500 ETF 0.3 50 0 5.6 +10.0
AOTG AOT Growth and Innovation ETF 0.3 75 -25 2.1 +6.5
VBK Vanguard Small-Cap Growth ETF 0.3 7 43 2.0 +6.4
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.3 40 10 3.9 +8.3
OPTZ Optimize Strategy Index ETF 0.3 50 0 5.3 +9.7
VGT Vanguard Information Technology ETF 0.3 10 40 4.4 +8.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.3 67 -17 10.9 +15.3
SFYX SoFi Next 500 ETF 0.3 0 50 6.0 +10.4
FTC First Trust Large Cap Growth AlphaDEX Fund 0.3 59 -9 2.9 +7.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -45 0.6 +5.1
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.6 +8.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 29 4.1 +8.5
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 30 6.7 +11.1
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 25 6.5 +10.9
FDN First Trust Dow Jones Internet Index Fund 0.2 52 -2 3.3 +7.7
FDND FT Vest Dow Jones Internet & Target Income ETF 0.2 75 -25 3.1 +7.5
SCHA Schwab U.S. Small-Cap ETF 0.2 4 46 6.7 +11.1
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 46 4.2 +8.6
VUG Vanguard Growth ETF 0.2 4 46 4.2 +8.6
BLES Inspire Global Hope ETF 0.2 61 -11 7.0 +11.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 41 6.3 +10.8
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 27 6.1 +10.5
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 -18 4.3 +8.7
ILCG iShares Morningstar Growth ETF 0.2 4 46 3.9 +8.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 -14 2.4 +6.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 30 6.2 +10.6
FELG Fidelity Enhanced Large Cap Growth ETF 0.2 18 32 5.0 +9.4
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 41 6.3 +10.7
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 41 5.0 +9.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 38 4.7 +9.1
SIZE iShares MSCI USA Size Factor ETF 0.2 15 35 6.1 +10.5
VONG Vanguard Russell 1000 Growth ETF 0.2 8 42 4.7 +9.1
IWF iShares Russell 1000 Growth ETF 0.2 19 31 4.6 +9.0
GWX SPDR S&P International Small Cap ETF 0.2 40 10 6.5 +11.0
GLBL Pacer MSCI World Industry Advantage ETF 0.2 65 -15 4.5 +8.9
VB Vanguard Small-Cap ETF 0.2 5 45 6.5 +11.0
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.2 52 -2 5.6 +10.1
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 -8 5.6 +10.0
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 15 5.4 +9.8
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -2 7.3 +11.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 33 5.9 +10.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 41 5.0 +9.4
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 32 4.0 +8.4
STXG Strive 1000 Growth ETF 0.1 18 32 4.1 +8.5
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.1 35 15 8.1 +12.5
PKW Invesco Buyback Achievers ETF 0.1 62 -12 7.8 +12.2
IGM iShares Expanded Tech Sector ETF 0.1 41 9 4.2 +8.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 47 5.2 +9.6
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 6.4 +10.8
VTI Vanguard Total Stock Market ETF 0.1 3 47 5.2 +9.6
VTHR Vanguard Russell 3000 ETF 0.1 10 40 5.2 +9.6
IWV iShares Russell 3000 ETF 0.1 20 30 5.1 +9.5
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 32 5.4 +9.8
IVE iShares S&P 500 Value ETF 0.1 18 32 6.5 +10.9
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 46 6.6 +11.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 35 5.2 +9.6
KLMN Invesco MSCI North America Climate ETF 0.1 9 41 5.3 +9.7
DFAU Dimensional US Core Equity Market ETF 0.1 12 38 5.4 +9.8
IUSV iShares Core S&P US Value ETF 0.1 4 46 6.8 +11.2
SCHB Schwab U.S. Broad Market ETF 0.1 3 47 5.3 +9.7
IVV iShares Core S&P 500 ETF 0.1 3 47 5.3 +9.7
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 48 5.3 +9.7
SPY SPDR S&P 500 ETF Trust 0.1 9 41 5.2 +9.6
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 27 8.5 +12.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 25 6.1 +10.5
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 47 5.5 +9.9
MODL VictoryShares WestEnd U.S. Sector ETF 0.1 42 8 4.8 +9.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 8.3 +12.7
STRV Strive 500 ETF 0.1 5 45 5.1 +9.5
DFVX Dimensional US Large Cap Vector ETF 0.1 22 28 6.5 +11.0
VV Vanguard Large-Cap ETF 0.1 4 46 5.1 +9.5
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 47 5.2 +9.6
SCHX Schwab U.S. Large-Cap ETF 0.1 3 47 5.3 +9.7
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 35 5.1 +9.5
IVW iShares S&P 500 Growth ETF 0.1 18 32 4.2 +8.6
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 46 4.3 +8.8
RVRB Reverb ETF 0.1 30 20 4.9 +9.3
IYY iShares Dow Jones U.S. ETF 0.1 20 30 5.1 +9.5
SCHK Schwab 1000 Index ETF 0.1 5 45 5.3 +9.7
PBUS Invesco MSCI USA ETF 0.1 4 46 5.2 +9.6
IWS iShares Russell Mid-Cap Value ETF 0.1 23 27 7.1 +11.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 40 5.5 +9.9
IWB iShares Russell 1000 ETF 0.1 15 35 5.2 +9.6
VONE Vanguard Russell 1000 ETF 0.1 8 42 5.2 +9.6
DFUS Dimensional U.S. Equity ETF 0.1 9 41 5.1 +9.6
AVUS Avantis U.S. Equity ETF 0.1 15 35 6.2 +10.6
DFAS Dimensional U.S. Small Cap ETF 0.1 26 24 7.0 +11.4
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 46 4.4 +8.8
TOV JLens 500 Jewish Advocacy U.S. ETF 0.1 18 32 5.0 +9.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 30 7.3 +11.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 8.5 +12.9
DCOR Dimensional US Core Equity 1 ETF 0.1 14 36 5.7 +10.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 10.3 +14.7
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 32 5.7 +10.1
FYX First Trust Small Cap Core AlphaDEX Fund 0.1 61 -11 6.8 +11.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 48 5.2 +9.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 50 5.2 +9.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 43 5.1 +9.5
VOTE TCW Transform 500 ETF 0.1 5 45 5.2 +9.6
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 8 5.0 +9.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 41 6.1 +10.5
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 8.3 +12.7
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 40 6.0 +10.5
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 5.9 +10.3
OALC OneAscent Large Cap Core ETF 0.1 86 -36 4.4 +8.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 39 5.2 +9.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.1 25 25 8.4 +12.8
TOK iShares MSCI Kokusai ETF 0.1 26 24 5.3 +9.7
VT Vanguard Total World Stock ETF 0.1 7 43 6.2 +10.6
URTH iShares MSCI World ETF 0.1 24 26 5.4 +9.8
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 15 6.1 +10.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 10 6.0 +10.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.7 +11.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 30 6.0 +10.4
ACWI iShares MSCI ACWI ETF 0.1 32 18 5.9 +10.3
APUE ActivePassive U.S. Equity ETF 0.1 45 5 5.0 +9.4
JHML John Hancock Multifactor Large Cap ETF 0.1 29 21 5.6 +10.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 41 5.4 +9.8
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 8.2 +12.7
EZM WisdomTree U.S. MidCap Fund 0.1 38 12 9.7 +14.1
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 44 10.0 +14.4
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 40 4.6 +9.0
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 22 10.4 +14.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 11 6.9 +11.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 35 6.7 +11.1
EPS WisdomTree U.S. LargeCap Fund 0.0 8 42 6.1 +10.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 41 5.5 +9.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 31 6.6 +11.1
HDUS Hartford Disciplined US Equity ETF 0.0 19 31 6.0 +10.4
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 32 7.0 +11.4
EBI Longview Advantage ETF 0.0 35 15 7.0 +11.4
IWD iShares Russell 1000 Value ETF 0.0 19 31 6.7 +11.1
VONV Vanguard Russell 1000 Value ETF 0.0 8 42 6.8 +11.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 7.2 +11.6
GXC SPDR S&P China ETF 0.0 59 -9 17.5 +21.9
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 38 6.8 +11.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 38 5.3 +9.8
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 8 7.2 +11.6
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 11 7.2 +11.6
VBR Vanguard Small Cap Value ETF 0.0 7 43 9.7 +14.1
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 11.2 +15.7
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.9 +12.4
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 40 4.5 +8.9
HKND Humankind US Stock ETF 0.0 11 39 7.5 +11.9
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 35 5.8 +10.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 11 8.4 +12.9
FESM Fidelity Enhanced Small Cap ETF 0.0 28 22 8.2 +12.7
AVSD Avantis Responsible International Equity ETF 0.0 23 27 5.7 +10.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 5 6.7 +11.2
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 6.9 +11.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 7.6 +12.0
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 6.2 +10.6
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 1 10.1 +14.5
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 26 6.5 +10.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 43 7.0 +11.4
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 7.2 +11.6
APIE ActivePassive International Equity ETF 0.0 45 5 7.6 +12.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 4.8 +9.2
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 11.0 +15.4
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 46 7.2 +11.6
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 43 8.1 +12.5
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 42 11.1 +15.5
DFIS Dimensional International Small Cap ETF 0.0 39 11 7.6 +12.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 9 7.2 +11.6
DFUV Dimensional US Marketwide Value ETF 0.0 22 28 8.2 +12.6
DFAI Dimensional International Core Equity Market ETF 0.0 18 32 7.3 +11.7
VSGX Vanguard ESG International Stock ETF 0.0 12 38 8.0 +12.4
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 10.2 +14.6
AVDE Avantis International Equity ETF 0.0 23 27 7.7 +12.2
VXUS Vanguard Total International Stock ETF 0.0 7 43 8.2 +12.6
DFIC Dimensional International Core Equity 2 ETF 0.0 23 27 7.7 +12.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -9 12.3 +16.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 9.5 +13.9

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
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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

Content on this tab for subscribers only

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 -15.4 %
Divided by: Fwd. P/BV 3.9 x
Less: Expense ratio 50 bp
Equals: ALTAR Score -4.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 CATEGORY
AVERAGE		 1.55
 
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.