SonicShares Global Shipping ETF
ALTAR
Score™
27.5% info Recommen-
dation
SPECULATIVE
2025E    2026E
P/E
ratio
7.5x P/Sales
ratio
0.8x
P/BV
ratio
0.6x Div.
yield
8.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
BOAT tracks a modified market-cap-weighted index of globally-listed companies engaged in maritime shipping.

FUND BASICS
Category Global Equities
Fund Sponsor Toroso Investments
Website www.sonicshares.com/boat/
Inception date Aug 03, 2021
Assets (mns) $37
Currency USD
Expense ratio 69 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 46
Wgt avg mkt cap (mns) $5,262
Large cap (>$10bn) 24.2%
Mid cap ($2-10bn) 37.6%
Small cap (<$2bn) 37.4%
Developed mkts 82.3%
Emerging mkts 17.8%

TOP TEN HOLDINGS
ORIENT OVERSEAS INTL LTD 6.2 %
HYUNDAI MERCHANT MARINE 5.5 %
KAWASAKI KISEN KAISHA LTD 5.4 %
MITSUI OSK LINES LTD 5.0 %
SITC INTERNATIONAL HOLDINGS 4.9 %
CHINA COSCO HOLDINGS-H 4.8 %
FRONTLINE LTD. 4.7 %
A.P. MOLLER - MAERSK A/S CLASS B 4.7 %
HAFNIA LTD. 4.1 %
SCORPIO TANKERS INC 3.6 %
Total 48.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 12.7 %
HONG KONG 12.5 %
BERMUDA 11.7 %
JAPAN 11.1 %
SOUTH KOREA 6.9 %
NORWAY 6.7 %
CHINA 6.0 %
GREECE 5.1 %
DENMARK 4.7 %
MONACO 4.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.7% -8.3% -- -- 14.2%

Market Correlations
versus... Beta R-squared
S&P500 0.92 27%
MSCI EAFE 1.05 38%
MSCI Emg. Mkts. 0.79 21%

Technical Indicators
Recent close $30.00
30d moving avg. $25.51
Annualized volatility 29.1%
Short interest (ETF) 2.5%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 21
Turnover 1.7%
Bid/Ask (% of price) 0.74%
ADV underlying (mns) $884

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 384 potential alternatives to the SonicShares Global Shipping ETF ETF based on the alternatives' overlap in portfolio holdings with BOAT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BOAT Expense: 69 bp ALTAR Score™: 27.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BOAT
Ticker Fund
Name
Overlap1
vs BOAT
(%)
Expense
ratio
(bp)
Savings
vs BOAT
(bp)
ALTAR
Score™
(%)
ALTAR
vs BOAT
(%)
SDIV Global X Superdividend ETF 9.8 58 11 42.2 +14.7
DEEP Roundhill Acquirers Deep Value ETF 9.7 80 -11 18.6 -9.0
PXJ Invesco Oil & Gas Services ETF 9.5 63 6 6.7 -20.8
SHPP Pacer Industrials and Logistics ETF 6.9 60 9 8.3 -19.2
SUPL ProShares Supply Chain Logistics ETF 6.6 58 11 10.7 -16.8
BSVO EA Bridgeway Omni Small-Cap Value ETF 5.2 47 22 9.8 -17.7
SFLO VictoryShares Small Cap Free Cash Flow ETF 4.9 49 20 12.3 -15.2
DIV Global X SuperDividend US ETF 4.4 45 24 12.1 -15.4
ISHP First Trust Nasdaq Retail ETF 3.7 60 9 5.8 -21.7
VIDI Vident International Equity Strategy ETF 3.4 61 8 11.3 -16.2
FCA First Trust China AlphaDEX Fund 3.2 80 -11 10.1 -17.4
FYLD Cambria Foreign Shareholder Yield ETF 3.2 59 10 12.1 -15.4
PSCE Invesco S&P SmallCap Energy ETF 3.2 29 40 12.2 -15.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 3.1 80 -11 12.3 -15.2
EDEN iShares MSCI Denmark ETF 3.1 53 16 6.9 -20.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.1 80 -11 10.0 -17.6
NORW Global X MSCI Norway ETF 2.9 50 19 10.2 -17.3
FJP First Trust Japan AlphaDEX Fund 2.9 80 -11 10.1 -17.5
DSMC Distillate Small/Mid Cash Flow ETF 2.8 55 14 13.5 -14.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 2.7 80 -11 10.5 -17.0
ECML Euclidean Fundamental Value ETF 2.7 95 -26 13.1 -14.4
ENOR iShares MSCI Norway ETF 2.6 53 16 10.2 -17.3
AVUV Avantis U.S. Small Cap Value ETF 2.6 25 44 10.5 -17.0
XTN SPDR S&P Transportation ETF 2.6 35 34 5.8 -21.8
ZIG Acquirers Fund 2.6 84 -15 20.5 -7.0
DVYE iShares Emerging Markets Dividend ETF 2.5 49 20 18.6 -9.0
SMCF Themes US Small Cap Cash Flow Champions ETF 2.4 29 40 13.2 -14.3
SURE AdvisorShares Insiders Advantage ETF 2.2 90 -21 9.9 -17.6
RODE Hartford Multifactor Diversified International ETF 2.1 29 40 11.0 -16.5
CALF Pacer US Small Cap Cash Cows 100 ETF 2.1 59 10 11.5 -16.0
AFSM First Trust Active Factor Small Cap ETF 2.0 75 -6 7.7 -19.9
IVAL Alpha Architect International Quantitative Value ETF 1.9 49 20 11.5 -16.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.9 65 4 12.1 -15.5
GRPZ Invesco S&P SmallCap 600 GARP ETF 1.8 35 34 10.7 -16.8
IDOG ALPS International Sector Dividend Dogs ETF 1.7 50 19 12.6 -14.9
SVAL iShares US Small Cap Value Factor ETF 1.7 20 49 11.2 -16.3
RFEU First Trust Riverfront Dynamic Europe ETF 1.6 83 -14 10.6 -17.0
GCOW Pacer Global Cash Cows Dividend ETF 1.6 60 9 11.1 -16.4
AVDV Avantis International Small Cap Value ETF 1.6 36 33 10.6 -17.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.5 29 40 8.9 -18.6
NDIV Amplify Natural Resources Dividend Income ETF 1.4 59 10 10.5 -17.1
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.4 59 10 6.3 -21.2
OAIM OneAscent International Equity ETF 1.4 95 -26 6.2 -21.4
DLS WisdomTree International SmallCap Dividend Fund 1.4 58 11 8.8 -18.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.4 29 40 8.1 -19.5
DFSV Dimensional US Small Cap Value ETF 1.4 31 38 10.8 -16.7
XSHQ Invesco S&P SmallCap Quality ETF 1.4 29 40 8.3 -19.2
PSCI Invesco S&P SmallCap Industrials ETF 1.4 29 40 5.8 -21.7
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.3 65 4 3.7 -23.8
VFVA Vanguard U.S. Value Factor ETF 1.3 13 56 11.5 -16.0
OCEN IQ Clean Oceans ETF 1.3 45 24 6.6 -21.0
PSC Principal U.S. Small-Cap ETF 1.3 38 31 7.0 -20.5
EWH iShares MSCI Hong Kong ETF 1.2 50 19 6.0 -21.6
UIVM VictoryShares International Value Momentum ETF 1.2 35 34 9.6 -17.9
OBOR KraneShares MSCI One Belt One Road Index ETF 1.2 79 -10 8.9 -18.6
EDOG ALPS Emerging Sector Dividend Dogs ETF 1.2 60 9 10.6 -16.9
EMIF iShares Emerging Markets Infrastructure ETF 1.2 60 9 6.8 -20.7
ROAM Hartford Multifactor Emerging Markets ETF 1.2 44 25 12.2 -15.4
WBIY WBI Power Factor High Dividend ETF 1.2 100 -31 17.1 -10.4
FLHK Franklin FTSE Hong Kong ETF 1.2 9 60 7.0 -20.5
FDLS Inspire Fidelis Multi Factor ETF 1.1 76 -7 5.1 -22.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.1 35 34 9.8 -17.7
RFDI First Trust Riverfront Dynamic Developed International ETF 1.1 83 -14 9.8 -17.7
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.1 45 24 10.7 -16.8
DFE WisdomTree Europe SmallCap Dividend Fund 1.1 58 11 8.2 -19.3
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.1 25 44 8.2 -19.3
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -11 11.9 -15.6
AVSC Avantis U.S Small Cap Equity ETF 1.0 25 44 6.3 -21.2
ROSC Hartford Multifactor Small Cap ETF 1.0 34 35 10.1 -17.5
IWN iShares Russell 2000 Value ETF 1.0 24 45 8.1 -19.4
VTWV Vanguard Russell 2000 Value ETF 1.0 15 54 8.1 -19.4
FIVA Fidelity International Value Factor ETF 1.0 18 51 10.5 -17.0
SMDV ProShares Russell 2000 Dividend Growers ETF 1.0 40 29 7.5 -20.0
DFAT Dimensional U.S. Targeted Value ETF 0.9 28 41 10.0 -17.5
EYLD Cambria Emerging Shareholder Yield ETF 0.9 66 3 13.2 -14.3
SYLD Cambria Shareholder Yield ETF 0.9 59 10 11.8 -15.7
EES WisdomTree U.S. SmallCap Fund 0.8 38 31 9.3 -18.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.8 39 30 6.7 -20.8
EWJV iShares MSCI Japan Value ETF 0.8 15 54 9.6 -17.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.8 80 -11 5.1 -22.5
COPY Tweedy, Browne Insider + Value ETF 0.8 80 -11 12.6 -15.0
FEP First Trust Europe AlphaDEX Fund 0.8 80 -11 9.6 -17.9
EIPX FT Energy Income Partners Strategy ETF 0.8 95 -26 7.8 -19.8
FYT First Trust Small Cap Value AlphaDEX Fund 0.8 73 -4 11.6 -15.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 13 12.3 -15.2
DIM WisdomTree International MidCap Dividend Fund 0.7 58 11 7.8 -19.7
IPKW Invesco International BuyBack Achievers ETF 0.7 55 14 14.5 -13.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 4 8.2 -19.3
FENI Fidelity Enhanced International ETF 0.7 28 41 6.9 -20.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.7 20 49 6.1 -21.4
IVLU iShares MSCI Intl Value Factor ETF 0.7 30 39 11.0 -16.5
CVY Invesco Zacks Multi-Asset Income ETF 0.7 106 -37 12.3 -15.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.7 37 32 8.8 -18.7
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.7 35 34 9.6 -18.0
DTH WisdomTree International High Dividend Fund 0.7 58 11 9.1 -18.5
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 22 9.3 -18.2
FTXR First Trust Nasdaq Transportation ETF 0.7 60 9 9.5 -18.0
IYT iShares US Transportation ETF 0.7 40 29 5.2 -22.3
QLV FlexShares US Quality Low Volatility Index Fund 0.7 22 47 5.7 -21.8
SIXS ETC 6 Meridian Small Cap Equity ETF 0.7 89 -20 10.4 -17.1
VFMF Vanguard U.S. Multifactor ETF 0.7 18 51 8.3 -19.2
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.7 52 17 7.0 -20.5
EIS iShares MSCI Israel ETF 0.6 58 11 8.2 -19.3
GVAL Cambria Global Value ETF 0.6 68 1 11.1 -16.4
CLNR IQ Cleaner Transport ETF 0.6 45 24 6.9 -20.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.6 50 19 11.8 -15.7
RSSL Global X Russell 2000 ETF 0.6 8 61 4.7 -22.8
ISMD Inspire Small/Mid Cap ETF 0.6 54 15 6.1 -21.4
VAMO Cambria Value & Momentum ETF 0.6 61 8 6.7 -20.8
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.6 95 -26 13.0 -14.5
GREK Global X MSCI Greece ETF 0.6 57 12 11.5 -16.0
FLKR Franklin FTSE South Korea ETF 0.6 9 60 10.9 -16.6
ISRA VanEck Israel ETF 0.6 59 10 7.4 -20.1
FSMD Fidelity Small-Mid Multifactor ETF 0.6 15 54 7.3 -20.3
FNK First Trust Mid Cap Value AlphaDEX Fund 0.6 70 -1 11.7 -15.9
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.6 20 49 5.7 -21.8
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.6 90 -21 8.1 -19.5
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.5 9 60 9.3 -18.2
GWX SPDR S&P International Small Cap ETF 0.5 40 29 6.7 -20.8
TPSC Timothy Plan US Small Cap Core ETF 0.5 52 17 7.1 -20.4
EWY iShares MSCI South Korea ETF 0.5 58 11 10.4 -17.2
WCEO Hypatia Women CEO ETF 0.5 85 -16 4.8 -22.8
IWC iShares Micro-Cap ETF 0.5 60 9 -0.7 -28.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 20 7.4 -20.1
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 57 7.6 -19.9
JPXN iShares JPX-Nikkei 400 ETF 0.5 48 21 7.4 -20.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.5 36 33 12.3 -15.2
IWM iShares Russell 2000 ETF 0.5 19 50 4.7 -22.8
VTWO Vanguard Russell 2000 ETF 0.5 10 59 4.7 -22.8
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.5 35 34 8.1 -19.4
FESM Fidelity Enhanced Small Cap ETF 0.5 28 41 8.1 -19.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 54 8.2 -19.4
DISV Dimensional International Small Cap Value ETF 0.5 42 27 9.8 -17.7
BBJP JPMorgan BetaBuilders Japan ETF 0.5 19 50 7.5 -20.0
FXI iShares China Large-Cap ETF 0.5 74 -5 18.5 -9.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.5 45 24 9.2 -18.3
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 51 5.7 -21.8
PXH Invesco FTSE RAFI Emerging Markets ETF 0.5 49 20 16.6 -10.9
IJR iShares Core S&P Small Cap ETF 0.5 6 63 8.1 -19.5
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 32 6.2 -21.3
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.5 47 22 6.9 -20.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 15 54 5.8 -21.7
IJS iShares S&P Small-Cap 600 Value ETF 0.5 18 51 10.5 -17.1
SLYG SPDR S&P 600 Small Cap Growth ETF 0.5 15 54 5.7 -21.8
VUSE Vident U.S. Equity Strategy ETF 0.4 50 19 4.5 -23.0
GXC SPDR S&P China ETF 0.4 59 10 17.1 -10.5
BFOR ALPS Barron's 400 ETF 0.4 65 4 6.1 -21.5
VIOO Vanguard S&P Small-Cap 600 ETF 0.4 10 59 8.0 -19.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.4 9 60 4.7 -22.8
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 60 8.2 -19.3
VWID Virtus WMC International Dividend ETF 0.4 49 20 8.9 -18.7
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.4 3 66 8.1 -19.4
ESIX SPDR S&P SmallCap 600 ESG ETF 0.4 12 57 8.7 -18.9
FCPI Fidelity Stocks for Inflation ETF 0.4 15 54 7.6 -19.9
SQLV Royce Quant Small-Cap Quality Value ETF 0.4 60 9 10.1 -17.5
SLYV SPDR S&P 600 Small Cap Value ETF 0.4 15 54 10.5 -17.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 15 54 10.5 -17.0
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.4 35 34 11.4 -16.1
EWJ iShares MSCI Japan ETF 0.4 50 19 6.9 -20.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 30 8.6 -18.9
DFAS Dimensional U.S. Small Cap ETF 0.4 26 43 6.8 -20.7
FLJP Franklin FTSE Japan ETF 0.4 9 60 7.0 -20.5
MCH Matthews China Active ETF 0.4 79 -10 15.8 -11.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.4 39 30 16.8 -10.7
EIRL iShares MSCI Ireland ETF 0.4 50 19 8.8 -18.7
IEUS iShares MSCI Europe Small-Cap ETF 0.4 42 27 7.4 -20.1
SCHC Schwab International Small-Cap Equity ETF 0.4 11 58 7.1 -20.4
FLJH Franklin FTSE Japan Hedged ETF 0.4 9 60 6.8 -20.7
VFMV Vanguard U.S. Minimum Volatility ETF 0.4 13 56 5.7 -21.9
JSML Janus Henderson Small Cap Growth Alpha ETF 0.4 30 39 8.1 -19.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.4 47 22 8.6 -19.0
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.4 25 44 7.4 -20.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 30 6.9 -20.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.4 25 44 10.0 -17.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.4 35 34 20.5 -7.0
JHMD John Hancock Multifactor Developed International ETF 0.4 39 30 7.8 -19.7
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 8 6.6 -20.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.4 32 37 6.0 -21.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.3 39 30 6.1 -21.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 37 18.4 -9.1
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 29 7.4 -20.2
IDV iShares International Select Dividend ETF 0.3 51 18 12.0 -15.5
MCHI iShares MSCI China ETF 0.3 59 10 18.3 -9.3
FAB First Trust Multi Cap Value AlphaDEX Fund 0.3 67 2 10.5 -17.1
INEQ Columbia International Equity Income ETF 0.3 45 24 8.7 -18.8
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 40 6.7 -20.9
VPL Vanguard FTSE Pacific ETF 0.3 8 61 7.5 -20.0
IPAC iShares Core MSCI Pacific ETF 0.3 9 60 7.0 -20.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.3 39 30 10.0 -17.6
QINT American Century Quality Diversified International ETF 0.3 39 30 7.6 -20.0
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.3 60 9 2.1 -25.4
DWM WisdomTree International Equity Fund 0.3 48 21 7.7 -19.8
SMLF iShares U.S. SmallCap Equity Factor ETF 0.3 15 54 6.5 -21.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 60 9 7.8 -19.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.3 30 39 10.1 -17.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.3 35 34 6.8 -20.7
STXK Strive Small-Cap ETF 0.3 18 51 6.4 -21.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.3 60 9 8.2 -19.3
JHEM John Hancock Multifactor Emerging Markets ETF 0.3 49 20 10.5 -17.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 30 6.2 -21.3
HFXI IQ FTSE International Equity Currency Neutral ETF 0.3 20 49 7.3 -20.3
EFV iShares MSCI EAFE Value ETF 0.3 34 35 9.4 -18.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.3 30 39 7.1 -20.4
AVEM Avantis Emerging Markets Equity ETF 0.3 33 36 9.4 -18.1
CIL VictoryShares International Volatility Wtd ETF 0.3 45 24 6.8 -20.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.3 44 25 10.8 -16.8
EXI iShares Global Industrials ETF 0.2 42 27 4.6 -22.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 62 7.1 -20.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 44 7.4 -20.2
SIXL ETC 6 Meridian Low Beta Equity ETF 0.2 80 -11 6.1 -21.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 29 7.7 -19.8
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.2 25 44 7.8 -19.7
ETHO Etho Climate Leadership U.S. ETF 0.2 47 22 5.6 -21.9
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.2 25 44 6.4 -21.1
IQSI IQ Candriam International Equity ETF 0.2 15 54 6.7 -20.8
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 65 6.3 -21.2
AVDE Avantis International Equity ETF 0.2 23 46 7.9 -19.6
QDF FlexShares Quality Dividend Index Fund 0.2 37 32 6.5 -21.0
DFIV Dimensional International Value ETF 0.2 27 42 10.2 -17.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 57 7.5 -20.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 70 -1 9.7 -17.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 45 8.0 -19.5
TPIF Timothy Plan International ETF 0.2 62 7 6.4 -21.1
SPEM SPDR Portfolio Emerging Markets ETF 0.2 7 62 10.8 -16.8
VYMI Vanguard International High Dividend Yield ETF 0.2 22 47 9.9 -17.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 4 8.2 -19.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.2 3 66 7.4 -20.2
FLAX Franklin FTSE Asia Ex Japan ETF 0.2 19 50 9.8 -17.7
EPP iShares MSCI Pacific ex-Japan ETF 0.2 47 22 5.5 -22.0
FLCH Franklin FTSE China ETF 0.2 19 50 17.4 -10.1
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 63 9.7 -17.8
DFIS Dimensional International Small Cap ETF 0.2 39 30 7.8 -19.7
IEFA iShares Core MSCI EAFE ETF 0.2 7 62 7.3 -20.2
EEMA iShares MSCI Emerging Markets Asia ETF 0.2 49 20 10.6 -16.9
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 49 5.8 -21.7
EZM WisdomTree U.S. MidCap Fund 0.2 38 31 9.4 -18.1
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.2 27 42 7.0 -20.5
AFMC First Trust Active Factor Mid Cap ETF 0.2 65 4 8.7 -18.8
LQPE PEO AlphaQuest Thematic PE ETF 0.2 125 -56 6.6 -20.9
XCEM Columbia EM Core ex-China ETF 0.2 16 53 8.3 -19.2
DFJ WisdomTree Japan SmallCap Dividend Fund 0.2 58 11 8.5 -19.0
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.2 58 11 8.2 -19.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 36 33 6.7 -20.8
DIHP Dimensional International High Profitability ETF 0.2 29 40 7.3 -20.2
VDE Vanguard Energy ETF 0.2 10 59 9.5 -18.0
IQDG WisdomTree International Quality Dividend Growth Fund 0.2 42 27 7.1 -20.4
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 65 7.3 -20.2
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 62 8.2 -19.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.2 20 49 6.5 -21.0
VEA Vanguard FTSE Developed Markets ETF 0.2 5 64 7.5 -20.0
BKF iShares MSCI BIC ETF 0.2 69 0 13.5 -14.1
FENY Fidelity MSCI Energy Index ETF 0.2 8 61 9.5 -18.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 49 7.2 -20.4
DFIC Dimensional International Core Equity 2 ETF 0.2 23 46 7.8 -19.7
EFA iShares MSCI EAFE ETF 0.2 35 34 7.0 -20.5
EMGF iShares Emerging Markets Equity Factor ETF 0.2 25 44 12.2 -15.3
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 20 9.9 -17.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 39 8.4 -19.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.2 15 54 10.7 -16.8
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 56 3.2 -24.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 27 6.7 -20.8
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 52 13.7 -13.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 39 10.7 -16.8
SCHF Schwab International Equity ETF 0.1 6 63 7.6 -19.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 3 10.3 -17.2
VXUS Vanguard Total International Stock ETF 0.1 7 62 8.2 -19.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 28 7.7 -19.8
BKIE BNY Mellon International Equity ETF 0.1 4 65 7.3 -20.3
NUEM Nuveen ESG Emerging Markets Equity ETF 0.1 36 33 8.1 -19.5
SCHA Schwab U.S. Small-Cap ETF 0.1 4 65 6.5 -21.1
STXE Strive Emerging Markets Ex-China ETF 0.1 32 37 7.9 -19.6
EEM iShares MSCI Emerging Markets ETF 0.1 69 0 10.6 -16.9
ISCB iShares Morningstar Small-Cap ETF 0.1 4 65 6.3 -21.2
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 58 10.4 -17.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 33 10.2 -17.3
EBI Longview Advantage ETF 0.1 35 34 6.9 -20.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 51 8.0 -19.5
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 39 6.2 -21.4
DFAI Dimensional International Core Equity Market ETF 0.1 18 51 7.5 -20.1
GVLU Gotham 1000 Value ETF 0.1 50 19 9.1 -18.4
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 35 8.0 -19.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 61 8.4 -19.2
VBR Vanguard Small Cap Value ETF 0.1 7 62 9.4 -18.1
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 60 10.8 -16.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 45 7.7 -19.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 24 10.9 -16.6
PKW Invesco Buyback Achievers ETF 0.1 62 7 7.6 -19.9
EEMO Invesco S&P Emerging Markets Momentum ETF 0.1 29 40 6.7 -20.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 54 8.5 -19.1
AVIV Avantis International Large Cap Value ETF 0.1 25 44 9.1 -18.4
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 31 8.9 -18.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 10 12.2 -15.3
VGK Vanguard FTSE Europe ETF 0.1 11 58 7.4 -20.1
SPEU SPDR Portfolio Europe ETF 0.1 7 62 7.4 -20.1
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 56 6.4 -21.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 11 6.8 -20.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 39 6.8 -20.7
AVUS Avantis U.S. Equity ETF 0.1 15 54 6.1 -21.5
ESGD iShares ESG Aware MSCI EAFE ETF 0.1 20 49 7.0 -20.5
IEUR iShares Core MSCI Europe ETF 0.1 11 58 7.4 -20.1
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 57 5.5 -22.0
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 39 8.0 -19.6
VXF Vanguard Extended Market ETF 0.1 6 63 5.0 -22.5
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 55 6.4 -21.1
VSGX Vanguard ESG International Stock ETF 0.1 12 57 8.0 -19.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 47 8.0 -19.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 52 5.8 -21.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 63 2.9 -24.6
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 54 6.3 -21.3
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.1 22 47 5.8 -21.7
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 6 13.5 -14.0
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.1 35 34 7.2 -20.4
VB Vanguard Small-Cap ETF 0.1 5 64 6.3 -21.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 44 6.0 -21.5
VIS Vanguard Industrials ETF 0.1 10 59 4.7 -22.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 36 10.5 -17.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 23 6.6 -20.9
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 44 8.2 -19.3
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 54 7.5 -20.0
SCHE Schwab Emerging Markets Equity ETF 0.1 11 58 11.5 -16.0
IEV iShares Europe ETF 0.1 67 2 6.9 -20.6
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 61 10.9 -16.6
DFEV Dimensional Emerging Markets Value ETF 0.1 43 26 14.0 -13.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 60 6.1 -21.5
VT Vanguard Total World Stock ETF 0.1 7 62 6.2 -21.4
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 60 7.2 -20.3
FLEE Franklin FTSE Europe ETF 0.1 9 60 7.3 -20.3
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 44 7.8 -19.7
IGE iShares North American Natural Resources ETF 0.1 41 28 8.1 -19.4
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 53 8.5 -19.0
ACWI iShares MSCI ACWI ETF 0.1 32 37 5.8 -21.7
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 39 6.3 -21.2
DCOR Dimensional US Core Equity 1 ETF 0.1 14 55 5.6 -21.9
IWO iShares Russell 2000 Growth ETF 0.1 24 45 1.4 -26.1
VTWG Vanguard Russell 2000 Growth ETF 0.1 15 54 1.5 -26.0
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 30 7.1 -20.4
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 39 5.5 -22.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 65 6.3 -21.2
IUS Invesco RAFI Strategic US ETF 0.1 19 50 6.9 -20.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.1 58 11 6.8 -20.7
GLOF iShares Global Equity Factor ETF 0.0 20 49 6.9 -20.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -1 7.9 -19.6
EFG iShares MSCI EAFE Growth ETF 0.0 36 33 4.4 -23.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 27 5.6 -21.9
AVSD Avantis Responsible International Equity ETF 0.0 23 46 5.9 -21.7
URTH iShares MSCI World ETF 0.0 24 45 5.4 -22.1
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 57 7.8 -19.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 31 9.9 -17.7
DFAU Dimensional US Core Equity Market ETF 0.0 12 57 5.3 -22.2
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 46 8.7 -18.8
SCJ iShares MSCI Japan Small-Cap ETF 0.0 50 19 7.3 -20.2
VYM Vanguard High Dividend Yield Index ETF 0.0 6 63 7.4 -20.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 37 9.5 -18.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 40 6.6 -20.9
DXJ WisdomTree Japan Hedged Equity Fund 0.0 48 21 8.3 -19.2
FIDU Fidelity MSCI Industrial Index ETF 0.0 8 61 4.6 -22.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 48 4.0 -23.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 49 5.9 -21.6
DFUS Dimensional U.S. Equity ETF 0.0 9 60 5.1 -22.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 44 7.4 -20.1
VTHR Vanguard Russell 3000 ETF 0.0 10 59 5.1 -22.4
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 34 10.0 -17.5
IWV iShares Russell 3000 ETF 0.0 20 49 5.0 -22.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 60 5.4 -22.1
DEW WisdomTree Global High Dividend Fund 0.0 58 11 8.8 -18.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 44 7.4 -20.1
VIG Vanguard Dividend Appreciation ETF 0.0 6 63 5.7 -21.8
TOK iShares MSCI Kokusai ETF 0.0 26 43 5.3 -22.2
PFM Invesco Dividend Achievers ETF 0.0 53 16 5.4 -22.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 28 9.4 -18.1
INTF iShares International Equity Factor ETF 0.0 15 54 7.9 -19.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 66 5.1 -22.4
AVES Avantis Emerging Markets Value ETF 0.0 36 33 12.0 -15.5
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 41 6.5 -21.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 66 5.4 -22.1
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 28 7.0 -20.5
DGRO iShares Core Dividend Growth ETF 0.0 8 61 6.6 -20.9
SCHB Schwab U.S. Broad Market ETF 0.0 3 66 5.2 -22.3
VTI Vanguard Total Stock Market ETF 0.0 3 66 5.1 -22.4
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 51 5.6 -21.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 57 4.7 -22.8
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 60 4.9 -22.6
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 45 6.6 -20.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 58 5.1 -22.4

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%.

Content on this tab for subscribers only**

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

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:
SonicShares Global Shipping ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 18.0 %
Divided by: Fwd. P/BV 0.6 x
Less: Expense ratio 69 bp
Equals: ALTAR Score 27.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 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.