Principal Healthcare Innovators Index ETF
ALTAR
Score™		 -4.7% info Recommen-
dation		 AVOID
2023E    2024E
P/E
ratio		 -9.3x P/Sales
ratio		 4.5x
P/BV
ratio		 5.8x Div.
yield		 0.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Principal Healthcare Innovators Index ETF tracks an index of non-large-cap US health care stocks and is market cap weighted.

FUND BASICS
Category US Equities
Fund Sponsor The Principal Financial Group
Website www.principaletfs.com
Inception date Aug 19, 2016
Assets (mns) $48
Currency USD
Expense ratio 42 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 226
Wgt avg mkt cap (mns) $5,711
Large cap (>$10bn) 15.8%
Mid cap ($2-10bn) 43.5%
Small cap (<$2bn) 34.8%
Developed mkts 99.8%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SEATTLE GENETICS INC 3.6 %
EXACT SCIENCES CORP 3.5 %
ALNYLAM PHARMACEUTICALS INC 3.1 %
BIO-RAD LABORATORIES-CL A 2.8 %
SAREPTA THERAPEUTICS INC 2.7 %
ILLUMINA INC 2.3 %
KARUNA THERAPEUTICS, INC. 1.7 %
IONIS PHARMACEUTICALS, INC. 1.6 %
INSPIRE MEDICAL SYSTEMS, INC. 1.6 %
ELANCO ANIMAL HEALTH, INC. 1.6 %
Total 24.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.5 %
IRELAND 3.2 %
CANADA 0.9 %
BRITAIN 0.5 %
0.2 %
BERMUDA 0.2 %
CAYMAN ISLANDS 0.2 %
ISRAEL 0.2 %



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.
-1.1% -8.1% -2.5% -- 4.8%

Market Correlations
versus... Beta R-squared
S&P500 0.68 25%
MSCI EAFE 0.65 24%
MSCI Emg. Mkts. 0.67 24%

Technical Indicators
Recent close $30.75
30d moving avg. $32.94
Annualized volatility 24.4%
Short interest (ETF) 0.2%
Short interest (Underlying) 7.8%
Relative strength (RSI) 36

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.2%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $2,182

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 449 potential alternatives to the Principal Healthcare Innovators Index ETF ETF based on the alternatives' overlap in portfolio holdings with BTEC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BTEC Expense: 42 bp ALTAR Score™: -4.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BTEC
Ticker Fund
Name		 Overlap1
vs BTEC
(%)		 Expense
ratio
(bp)		 Savings
vs BTEC
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs BTEC
(%)
XBI SPDR S&P BIOTECH ETF 48.2 35 7 -1.6 +3.1
BBC Virtus LifeSci Biotech Clinical Trials ETF 29.4 79 -37 0.0 +4.7
SBIO ALPS Medical Breakthroughs ETF 27.7 50 -8 -3.6 +1.1
IBBQ Invesco Nasdaq Biotechnology ETF 27.6 19 23 1.2 +5.9
IBB iShares NASDAQ Biotechnology ETF 25.8 45 -3 0.7 +5.4
WDNA WisdomTree BioRevolution Fund 22.3 45 -3 -4.4 +0.2
BBP BioShares Biotechnology Products Fund 21.7 79 -37 -4.6 +0.1
PTH Invesco DWA Healthcare Momentum ETF 21.5 60 -18 -2.9 +1.8
FBT First Trust NYSE Arca Biotechnology Index Fund 19.7 56 -14 2.6 +7.3
BMED BlackRock Future Health ETF 19.4 85 -43 2.1 +6.8
GNOM Global X Genomics & Biotechnology ETF 17.6 50 -8 -6.2 -1.5
BBH VanEck Biotech ETF 15.4 35 7 5.3 +10.0
CNCR Loncar Cancer Immunotherapy ETF 15.3 79 -37 0.0 +4.7
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 15.3 65 -23 -0.7 +3.9
HELX Franklin Genomic Advancements ETF 14.2 50 -8 1.9 +6.6
QQQS Invesco NASDAQ Future Gen 200 ETF 13.0 20 22 -11.6 -7.0
IBRN iShares Neuroscience and Healthcare ETF 12.9 47 -5 -3.8 +0.8
IWC iShares Micro-Cap ETF 12.1 60 -18 -3.9 +0.8
ARKG ARK Genomic Revolution ETF 11.8 75 -33 -13.5 -8.9
IWO iShares Russell 2000 Growth ETF 11.6 24 18 1.8 +6.4
GDOC Goldman Sachs Future Health Care Equity ETF 11.6 75 -33 1.8 +6.5
VTWG Vanguard Russell 2000 Growth Index Fund 11.5 15 27 1.7 +6.4
XHE SPDR S&P Health Care Equipment ETF 11.4 35 7 0.7 +5.4
HTEC ROBO Global Healthcare Technology & Innovation ETF 11.2 68 -26 0.6 +5.3
IHE iShares U.S. Pharmaceuticals ETF 10.9 40 2 8.1 +12.7
FXH First Trust Health Care AlphaDEX Fund 10.5 61 -19 8.1 +12.8
GERM ETFMG Treatments Testing and Advancements ETF 9.9 68 -26 -6.8 -2.1
FTXH First Trust Nasdaq Pharmaceuticals ETF 9.9 60 -18 10.2 +14.9
XPH SPDR S&P Pharmaceuticals ETF 9.8 35 7 6.7 +11.4
FYC First Trust Small Cap Growth AlphaDEX Fund 9.6 71 -29 2.0 +6.7
ISCG iShares Morningstar Small-Cap Growth ETF 9.4 6 36 2.3 +7.0
DWAS Invesco DWA SmallCap Momentum ETF 9.3 60 -18 1.4 +6.1
SYNB Putnam BioRevolution ETF 9.2 70 -28 3.4 +8.1
MEDX Horizon Kinetics Medical ETF 8.8 85 -43 0.2 +4.9
MRND IQ U.S. Mid Cap R&D Leaders ETF 8.8 16 26 3.6 +8.3
PBE Invesco Dynamic Biotechnology & Genome ETF 8.5 59 -17 1.6 +6.3
ARKK ARK Innovation ETF 8.1 75 -33 -6.8 -2.1
IWM iShares Russell 2000 ETF 8.0 19 23 4.6 +9.3
VTWO Vanguard Russell 2000 Index Fund 7.9 10 32 4.6 +9.3
AGNG Global X Aging Population ETF 7.7 50 -8 4.4 +9.0
VBK Vanguard Small-Cap Growth Index Fund 7.7 7 35 1.5 +6.2
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 7.5 95 -53 2.5 +7.1
IDNA iShares Genomics Immunology & Healthcare ETF 7.4 47 -5 -9.6 -5.0
MEDI Harbor Health Care ETF 7.2 80 -38 0.7 +5.3
STXK Strive Small-Cap ETF 7.0 18 24 5.8 +10.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 6.7 9 33 5.2 +9.8
CSML IQ Chaikin U.S. Small Cap ETF 6.5 35 7 6.8 +11.5
PSCH Invesco S&P SmallCap Health Care ETF 6.4 29 13 3.1 +7.8
SCHA Schwab U.S. Small-Cap ETF 6.2 4 38 5.6 +10.3
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 6.0 17 25 6.3 +11.0
INNO Harbor Disruptive Innovation ETF 6.0 75 -33 -3.5 +1.2
ISCB iShares Morningstar Small-Cap ETF 6.0 4 38 5.9 +10.6
FHLC Fidelity MSCI Health Care Index ETF 5.8 8 34 6.7 +11.4
VHT Vanguard Health Care Index Fund 5.7 10 32 6.7 +11.3
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 5.7 20 22 5.8 +10.5
EDOC Global X Telemedicine & Digital Health ETF 5.2 68 -26 -7.1 -2.4
VFMO Vanguard U.S. Momentum Factor ETF 5.0 13 29 2.7 +7.4
VXF Vanguard Extended Market Index Fund 5.0 6 36 4.3 +9.0
NUSC Nuveen ESG Small-Cap ETF 4.9 31 11 6.2 +10.9
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 4.8 101 -59 0.8 +5.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 4.8 20 22 7.5 +12.2
AVSC Avantis U.S Small Cap Equity ETF 4.8 25 17 5.4 +10.0
BKSE BNY Mellon US Small Cap Core Equity ETF 4.7 4 38 6.6 +11.3
IWN iShares Russell 2000 Value ETF 4.7 24 18 7.0 +11.7
VTWV Vanguard Russell 2000 Value Index Fund 4.7 15 27 7.0 +11.7
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 4.5 15 27 6.2 +10.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 4.3 39 3 10.0 +14.7
MDEV First Trust Indxx Medical Devices ETF 4.3 70 -28 3.8 +8.5
VB Vanguard Small-Cap ETF 4.3 5 37 6.2 +10.8
XDNA Strategic CRISPR & Gene Editing Technology ETF 4.3 78 -36 -3.6 +1.1
FYX First Trust Small Cap Core AlphaDEX Fund 4.1 61 -19 8.4 +13.1
JFWD Jacob Forward ETF 4.1 75 -33 -14.0 -9.4
IHI iShares U.S. Medical Devices ETF 4.0 40 2 4.9 +9.6
FDHT Fidelity Digital Health ETF 4.0 39 3 0.3 +5.0
ISMD Inspire Small/Mid Cap Impact ETF 3.8 54 -12 5.6 +10.3
DFAS Dimensional U.S. Small Cap ETF 3.8 26 16 6.9 +11.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 3.8 7 35 5.9 +10.6
AFSM First Trust Active Factor Small Cap ETF 3.8 77 -35 9.8 +14.5
IWP iShares Russell Mid-Cap Growth ETF 3.7 23 19 4.5 +9.2
JHSC John Hancock Multifactor Small Cap ETF 3.7 42 0 7.1 +11.7
HAPY Harbor Corporate Culture Leaders ETF 3.6 50 -8 4.4 +9.1
ENTR Entrepreneur 30 Fund 3.5 75 -33 3.3 +8.0
TMFX Motley Fool Next Index ETF 3.5 50 -8 3.9 +8.5
PSC Principal U.S. Small Cap Index ETF 3.3 38 4 8.6 +13.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 3.3 15 27 4.4 +9.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 3.3 70 -28 3.4 +8.1
RYJ Invesco Raymond James SB-1 Equity ETF 3.3 81 -39 4.2 +8.9
KOMP SPDR Kensho New Economies Composite ETF 3.2 20 22 -0.4 +4.3
IYH iShares U.S. Healthcare ETF 3.2 39 3 7.4 +12.0
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 3.2 60 -18 5.6 +10.3
SSLY Syntax Stratified SmallCap ETF 3.1 40 2 8.1 +12.8
FDG American Century Focused Dynamic Growth ETF 3.1 45 -3 3.1 +7.8
SAGP Strategas Global Policy Opportunities ETF 3.1 65 -23 7.6 +12.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.1 39 3 4.8 +9.5
ARB AltShares Merger Arbitrage ETF 3.0 76 -34 7.5 +12.2
PSIL AdvisorShares Psychedelics ETF 3.0 100 -58 0.0 +4.7
WCEO Hypatia Women CEO ETF 3.0 85 -43 6.3 +11.0
PINK Simplify Health Care ETF 3.0 50 -8 5.1 +9.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 2.9 63 -21 3.5 +8.2
ROBO Robo Global Robotics & Automation Index ETF 2.8 95 -53 3.5 +8.2
IJT iShares S&P Small-Cap 600 Growth ETF 2.8 25 17 6.9 +11.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.8 15 27 7.1 +11.7
SLYG SPDR S&P 600 Small Cap Growth ETF 2.8 15 27 7.0 +11.7
BFTR Future Innovators ETF 2.8 80 -38 2.4 +7.1
RSPH Invesco S&P 500 Equal Weight Health Care ETF 2.8 40 2 9.0 +13.6
PPH VanEck Pharmaceutical ETF 2.7 36 6 13.5 +18.2
QQQN VictoryShares Nasdaq Next 50 ETF 2.7 18 24 6.9 +11.6
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 2.7 50 -8 4.0 +8.6
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 2.7 25 17 10.0 +14.6
GURU Global X Guru Index ETF 2.6 75 -33 5.0 +9.7
PJP Invesco Dynamic Pharmaceuticals ETF 2.5 58 -16 7.1 +11.8
BOSS Global X Founder-Run Companies ETF 2.5 45 -3 3.3 +8.0
SCHM Schwab U.S. Mid-Cap ETF 2.5 4 38 6.7 +11.4
IMCG iShares Morningstar Mid-Cap Growth ETF 2.5 6 36 4.8 +9.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.4 35 7 8.4 +13.0
ESIX SPDR S&P SmallCap 600 ESG ETF 2.4 12 30 8.6 +13.3
XT iShares Exponential Technologies ETF 2.4 46 -4 3.9 +8.6
FLDZ RiverNorth Volition America Patriot ETF 2.4 75 -33 6.5 +11.2
XJR iShares ESG Screened S&P Small-Cap ETF 2.4 12 30 7.9 +12.6
VOT Vanguard Mid-Cap Growth Index Fund 2.4 7 35 5.1 +9.7
FSMD Fidelity Small-Mid Factor ETF 2.3 29 13 8.3 +13.0
ISCV iShares Morningstar Small Cap Value ETF 2.3 6 36 9.1 +13.8
SQLV Legg Mason Small-Cap Quality Value 2.2 60 -18 10.4 +15.1
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.2 12 30 8.5 +13.2
IQSM IQ Candriam ESG U.S. Mid Cap Equity ETF 2.2 15 27 7.1 +11.7
CGGR Capital Group Growth ETF 2.2 39 3 4.0 +8.6
SMLE Xtrackers S&P SmallCap 600 ESG ETF 2.2 15 27 8.5 +13.2
TMFS Motley Fool Small Cap Growth ETF 2.2 85 -43 1.8 +6.5
GVIP Goldman Sachs Hedge Industry VIP ETF 2.2 45 -3 4.5 +9.1
VIOO Vanguard S&P Small-Cap 600 ETF 2.1 10 32 8.5 +13.2
IJR iShares Core S&P Small Cap ETF 2.1 6 36 8.5 +13.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 2.1 3 39 8.6 +13.3
CVAR Cultivar ETF 2.1 87 -45 8.7 +13.4
ETHO Etho Climate Leadership U.S. ETF 2.1 47 -5 5.5 +10.1
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 2.1 35 7 8.8 +13.5
MOON Direxion Moonshot Innovators ETF 2.1 65 -23 -9.5 -4.8
SMOT VanEck Morningstar SMID Moat ETF 2.0 49 -7 7.6 +12.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.0 58 -16 5.3 +10.0
WGRO WisdomTree U.S. Growth & Momentum Fund 2.0 55 -13 7.3 +11.9
HKND Humankind US Stock ETF 1.9 11 31 7.3 +12.0
SANE Subversive Mental Health ETF 1.9 75 -33 3.0 +7.7
BIBL Inspire ETF 1.9 35 7 5.5 +10.2
SFYX Sofi Next 500 ETF 1.9 0 42 6.2 +10.9
SMDY Syntax Stratified MidCap ETF 1.9 35 7 8.0 +12.7
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.8 60 -18 7.8 +12.5
JGRO JPMorgan Active Growth ETF 1.8 44 -2 4.0 +8.6
FDMO Fidelity Momentum Factor ETF 1.8 29 13 4.3 +8.9
FNX First Trust Mid Cap Core AlphaDEX Fund 1.8 59 -17 8.3 +13.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.8 15 27 8.5 +13.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.7 35 7 5.6 +10.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 1.7 21 21 4.2 +8.8
DFSV Dimensional US Small Cap Value ETF 1.7 31 11 9.6 +14.3
IWR iShares Russell Midcap ETF 1.7 18 24 6.6 +11.3
VBR Vanguard Small Cap Value Index Fund 1.7 7 35 9.2 +13.9
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.6 20 22 5.4 +10.0
BAD B.A.D. ETF 1.6 75 -33 3.2 +7.9
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.6 60 -18 7.9 +12.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.6 65 -23 2.4 +7.1
BRNY Burney U.S. Factor Rotation ETF 1.5 79 -37 6.6 +11.2
SMMD iShares Russell 2500 ETF 1.5 15 27 6.8 +11.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.4 65 -23 3.5 +8.2
IMCB iShares Morningstar Mid-Cap ETF 1.4 4 38 6.9 +11.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.4 4 38 6.9 +11.6
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 -3 5.9 +10.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.4 15 27 10.0 +14.6
IJS iShares S&P Small-cap 600 Value ETF 1.4 18 24 10.1 +14.7
SLYV SPDR S&P 600 Small Cap Value ETF 1.3 15 27 10.1 +14.8
IQM Franklin Intelligent Machines ETF 1.3 50 -8 3.8 +8.5
TECB iShares US Tech Breakthrough Multisector ETF 1.3 40 2 4.9 +9.6
EQAL Invesco Russell 1000 Equal Weight ETF 1.3 20 22 7.2 +11.9
ROCI ROC ETF 1.3 49 -7 5.3 +9.9
PDP Invesco DWA Momentum ETF 1.3 62 -20 4.7 +9.4
ROSC Hartford Multifactor Small Cap ETF 1.3 34 8 11.3 +16.0
DFAT Dimensional U.S. Targeted Value ETF 1.2 28 14 9.4 +14.0
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.2 45 -3 2.1 +6.8
JHMM John Hancock Multifactor Mid Cap ETF 1.2 41 1 7.7 +12.3
GBUY Goldman Sachs Future Consumer Equity ETF 1.2 75 -33 3.2 +7.9
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 1.2 40 2 7.4 +12.1
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.2 60 -18 8.5 +13.1
VO Vanguard Mid-Cap Index Fund 1.1 4 38 6.7 +11.4
EES WisdomTree SmallCap Earnings Fund 1.1 38 4 12.5 +17.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.1 29 13 8.4 +13.1
LRNZ TrueMark Technology, AI & Deep Learning ETF 1.1 69 -27 -1.3 +3.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.1 15 27 9.3 +14.0
MDYV SPDR S&P 400 Mid Cap Value ETF 1.1 15 27 9.4 +14.0
IJJ iShares S&P Mid-Cap 400 Value ETF 1.1 18 24 9.2 +13.9
XSMO Invesco S&P SmallCap Momentum ETF 1.1 39 3 6.1 +10.8
MOO VanEck Agribusiness ETF 1.1 53 -11 8.9 +13.6
AIEQ AI Powered Equity ETF 1.1 75 -33 5.3 +10.0
RNMC Mid Cap US Equity Select ETF 1.1 60 -18 8.8 +13.5
PEXL Pacer US Export Leaders ETF 1.1 60 -18 6.7 +11.4
DFAC Dimensional U.S. Core Equity 2 ETF 1.0 17 25 6.6 +11.3
HART IQ Healthy Hearts ETF 1.0 45 -3 6.4 +11.1
DRUP GraniteShares Nasdaq Select Disruptors ETF 1.0 60 -18 4.6 +9.3
EQUL IQ Engender Equality ETF 1.0 45 -3 7.7 +12.4
JMOM JPMorgan U.S. Momentum Factor ETF 1.0 12 30 6.1 +10.7
NVQ QRAFT AI-Enhanced US Next Value ETF 1.0 75 -33 10.9 +15.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.0 25 17 6.6 +11.3
BLES Inspire Global Hope Large Cap ETF 1.0 61 -19 7.1 +11.8
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.0 35 7 8.3 +13.0
RFV Invesco S&P Midcap 400 Pure Value ETF 1.0 35 7 11.1 +15.8
GRPM Invesco S&P MidCap 400 GARP ETF 0.9 35 7 11.8 +16.5
VIRS Pacer BioThreat Strategy ETF 0.9 70 -28 7.2 +11.9
MTUM iShares MSCI USA Momentum Factor ETF 0.9 15 27 5.1 +9.8
QMOM Alpha Architect U.S. Quantitative Momentum ETF 0.9 39 3 6.1 +10.8
XJH iShares ESG Screened S&P Mid-Cap ETF 0.9 12 30 8.2 +12.9
XMVM Invesco S&P MidCap Value with Momentum ETF 0.8 39 3 11.1 +15.8
IWS iShares Russell Mid-Cap Value ETF 0.8 23 19 7.6 +12.3
FDWM Fidelity Women's Leadership ETF 0.8 59 -17 5.9 +10.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.8 3 39 5.8 +10.5
VTI Vanguard Total Stock Market Index Fund 0.8 3 39 5.7 +10.4
VTHR Vanguard Russell 3000 Index Fund 0.8 10 32 5.7 +10.4
IWV iShares Russell 3000 ETF 0.8 20 22 5.6 +10.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.8 25 17 6.9 +11.6
ESGV Vanguard ESG U.S. Stock ETF 0.8 9 33 5.7 +10.4
MDY SPDR S&P Midcap 400 ETF Trust 0.8 23 19 8.0 +12.7
QGRO American Century STOXX U.S. Quality Growth ETF 0.8 29 13 6.7 +11.4
EUSA iShares MSCI USA Equal Weighted ETF 0.8 9 33 7.0 +11.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.8 9 33 7.0 +11.6
IJH iShares Core S&P Mid-Cap ETF 0.8 5 37 8.2 +12.9
SPHB Invesco S&P 500 High Beta ETF 0.8 25 17 6.2 +10.8
SPMD SPDR Portfolio Mid Cap ETF 0.8 3 39 8.2 +12.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.8 10 32 8.2 +12.8
ALTL Pacer Lunt Large Cap Alternator ETF 0.8 60 -18 5.8 +10.5
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.8 15 27 8.7 +13.4
SCHB Schwab U.S. Broad Market ETF 0.7 3 39 5.9 +10.6
FPX First Trust US IPO Index Fund 0.7 61 -19 0.6 +5.3
SIZE iShares MSCI USA Size Factor ETF 0.7 15 27 6.8 +11.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.7 24 18 8.9 +13.6
LRND IQ U.S. Large Cap R&D Leaders ETF 0.7 14 28 7.1 +11.8
TMFM Motley Fool Mid-Cap Growth ETF 0.7 85 -43 4.3 +8.9
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -47 5.6 +10.3
SXQG 6 Meridian Quality Growth ETF 0.7 100 -58 5.0 +9.7
ITEQ BlueStar Israel Technology ETF 0.7 75 -33 2.2 +6.9
FNK First Trust Mid Cap Value AlphaDEX Fund 0.7 70 -28 12.3 +17.0
ISRA VanEck Israel ETF 0.7 59 -17 9.3 +14.0
MVPS Amplify Thematic All-Stars ETF 0.7 49 -7 2.2 +6.9
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 17 10.6 +15.3
USMV iShares Edge MSCI Min Vol USA ETF 0.6 15 27 6.4 +11.1
XLV Health Care Select Sector SPDR Fund 0.6 10 32 8.5 +13.2
YPS Arrow Reverse Cap 500 ETF 0.6 29 13 6.8 +11.5
DFAU Dimensional US Core Equity Market ETF 0.6 12 30 6.0 +10.7
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 0.6 19 23 8.5 +13.2
SSPX Janus Henderson U.S. Sustainable Equity ETF 0.6 55 -13 4.2 +8.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.6 20 22 9.0 +13.7
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.6 60 -18 4.4 +9.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 33 6.4 +11.1
SCHG Schwab U.S. Large-Cap Growth ETF 0.6 4 38 4.9 +9.5
CALF Pacer US Small Cap Cash Cows 100 ETF 0.6 59 -17 12.9 +17.6
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.6 59 -17 8.3 +12.9
CACG ClearBridge All Cap Growth ETF 0.6 54 -12 3.9 +8.6
USXF iShares ESG Advanced MSCI USA ETF 0.5 10 32 5.7 +10.4
ROUS Hartford Multifactor US Equity ETF 0.5 19 23 8.3 +13.0
DFUS Dimensional U.S. Equity ETF 0.5 9 33 5.8 +10.5
QQQ Invesco QQQ Trust 0.5 20 22 5.3 +10.0
ARKW ARK Web x.0 ETF 0.5 88 -46 -5.2 -0.5
QQQM Invesco NASDAQ 100 ETF 0.5 15 27 5.2 +9.9
CBSE Changebridge Capital Sustainable Equity ETF 0.5 85 -43 2.1 +6.8
XMHQ Invesco S&P MidCap Quality ETF 0.5 25 17 9.2 +13.8
LZRD Parabla Innovation ETF 0.5 69 -27 -8.7 -4.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.5 10 32 6.3 +11.0
ILCG iShares Morningstar Growth ETF 0.5 4 38 4.6 +9.3
DFSU Dimensional US Sustainability Core 1 ETF 0.5 18 24 6.7 +11.4
KOCG FIS Knights of Columbus Global Belief ETF 0.5 75 -33 7.5 +12.1
DTEC ALPS Disruptive Technologies ETF 0.5 50 -8 4.4 +9.1
QQMG Invesco ESG NASDAQ 100 ETF 0.5 20 22 5.3 +10.0
AVUS Avantis U.S. Equity ETF 0.5 15 27 6.9 +11.5
IWF iShares Russell 1000 Growth ETF 0.5 19 23 5.3 +10.0
VONG Vanguard Russell 1000 Growth Index Fund 0.5 8 34 5.4 +10.1
NANC Unusual Whales Subversive Democratic Trading ETF 0.5 75 -33 4.8 +9.5
STXG Strive 1000 Growth ETF 0.5 18 24 5.1 +9.8
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 -23 9.7 +14.4
IXJ iShares Global Healthcare ETF 0.4 42 0 7.5 +12.2
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.4 18 24 6.3 +11.0
FBCG Fidelity Blue Chip Growth ETF 0.4 59 -17 2.3 +7.0
BOTZ Global X Robotics & Artificial Intelligence ETF 0.4 69 -27 3.4 +8.1
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 25 7.2 +11.9
IYY iShares Dow Jones U.S. ETF 0.4 20 22 5.8 +10.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.4 15 27 7.2 +11.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.4 15 27 7.2 +11.8
SCHK Schwab 1000 Index ETF 0.4 5 37 6.0 +10.6
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.4 65 -23 7.1 +11.7
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.4 10 32 5.3 +10.0
EZM WisdomTree U.S. MidCap Earnings Fund 0.4 38 4 11.1 +15.8
IWB iShares Russell 1000 ETF 0.4 15 27 5.8 +10.5
VONE Vanguard Russell 1000 ETF 0.4 8 34 5.8 +10.5
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 27 8.2 +12.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.4 39 3 11.8 +16.4
VUG Vanguard Growth Index Fund 0.4 4 38 4.8 +9.5
SIXL 6 Meridian Low Beta Equity Strategy ETF 0.4 80 -38 6.0 +10.7
VT Vanguard Total World Stock ETF 0.4 7 35 6.6 +11.3
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.4 10 32 5.4 +10.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.4 15 27 5.6 +10.2
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.4 20 22 7.7 +12.4
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 14 5.7 +10.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 11 31 5.9 +10.6
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.4 47 -5 10.0 +14.7
GVLU Gotham 1000 Value ETF 0.4 50 -8 9.6 +14.3
VFVA Vanguard U.S. Value Factor ETF 0.4 13 29 11.5 +16.2
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 22 7.1 +11.8
XSHQ Invesco S&P SmallCap Quality ETF 0.3 30 12 10.5 +15.2
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 36 9.1 +13.7
VFMF Vanguard U.S. Multifactor ETF 0.3 18 24 9.5 +14.2
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 3 9.7 +14.4
PAWZ ProShares Pet Care ETF 0.3 50 -8 3.3 +8.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.3 29 13 10.9 +15.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.3 7 35 6.0 +10.6
SCHX Schwab U.S. Large-Cap ETF 0.3 3 39 5.9 +10.6
SDG iShares Sustainable MSCI Global Impact ETF 0.3 49 -7 6.7 +11.4
VONV Vanguard Russell 1000 Value Index Fund 0.3 8 34 7.5 +12.1
IWD iShares Russell 1000 Value ETF 0.3 19 23 7.4 +12.1
HAPI Harbor Corporate Culture ETF 0.3 36 6 5.5 +10.1
RECS Columbia Research Enhanced Core ETF 0.3 15 27 6.7 +11.4
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 39 5.9 +10.6
VDNI V-Shares US Leadership Diversity ETF 0.3 29 13 6.2 +10.9
ITAN Sparkline Intangible Value ETF 0.3 50 -8 7.0 +11.6
FDM First Trust Dow Jones Select Microcap Index Fund 0.3 60 -18 7.6 +12.3
JHML John Hancock Multifactor Large Cap ETF 0.3 29 13 6.4 +11.1
NZRO Strategy Shares Halt Climate Change ETF 0.3 95 -53 1.9 +6.6
TMFC Motley Fool 100 Index ETF 0.3 50 -8 4.5 +9.1
WRND IQ Global Equity R&D Leaders ETF 0.3 18 24 8.2 +12.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 13 7.6 +12.2
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 29 7.9 +12.5
SNPV Xtrackers S&P ESG Value ETF 0.3 15 27 6.7 +11.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.3 60 -18 6.4 +11.1
STXV Strive 1000 Value ETF 0.3 18 24 8.4 +13.1
DFUV Dimensional US Marketwide Value ETF 0.2 22 20 8.6 +13.3
PBUS Invesco PureBeta MSCI USA ETF 0.2 4 38 5.9 +10.6
IQSU IQ Candriam ESG US Equity ETF 0.2 9 33 5.5 +10.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 40 5.9 +10.6
DSMC Distillate Small/Mid Cash Flow ETF 0.2 55 -13 12.3 +17.0
VAMO Cambria Value & Momentum ETF 0.2 64 -22 11.5 +16.2
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.2 30 12 9.5 +14.2
JSML Janus Henderson Small Cap Growth Alpha ETF 0.2 30 12 11.3 +16.0
IUSV iShares Core S&P U.S. Value ETF 0.2 4 38 6.8 +11.4
SFY SoFi Select 500 ETF 0.2 0 42 5.6 +10.3
EGUS iShares ESG Aware MSCI USA Growth ETF 0.2 15 27 5.0 +9.7
NUMV Nuveen ESG Mid-Cap Value ETF 0.2 31 11 9.1 +13.7
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 27 6.7 +11.3
HAP VanEck Natural Resources ETF 0.2 50 -8 8.2 +12.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 -25 11.0 +15.7
VOTE Engine No. 1 Transform 500 ETF 0.2 5 37 5.8 +10.5
VV Vanguard Large-Cap Index Fund 0.2 4 38 5.8 +10.5
TINY ProShares Nanotechnology ETF 0.2 58 -16 1.6 +6.3
STRV Strive 500 ETF 0.2 5 37 5.8 +10.5
RVRB Reverb ETF 0.2 30 12 5.8 +10.5
VALQ American Century STOXX U.S. Quality Value ETF 0.2 29 13 8.5 +13.2
VFMV Vanguard U.S. Minimum Volatility ETF 0.2 13 29 6.4 +11.1
SPMV Invesco S&P 500 Minimum Variance ETF 0.2 10 32 6.1 +10.8
AUSF Global X Adaptive U.S. Factor ETF 0.2 27 15 6.3 +10.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 35 5.8 +10.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 33 6.6 +11.3
HLAL Wahed FTSE USA Shariah ETF 0.2 50 -8 5.4 +10.1
ESGU iShares MSCI USA ESG Optimized ETF 0.2 15 27 5.9 +10.5
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 12 7.6 +12.2
FIXT Procure Disaster Recovery Strategy ETF 0.2 75 -33 5.5 +10.2
IVE iShares S&P 500 Value ETF 0.2 18 24 6.4 +11.1
VOOV Vanguard S&P 500 Value ETF 0.2 10 32 6.5 +11.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 33 6.5 +11.1
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 38 6.6 +11.3
SSPY Syntax Stratified LargeCap ETF 0.2 30 12 7.4 +12.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 28 5.9 +10.6
TOK iShares MSCI Kokusai ETF 0.2 25 17 6.2 +10.9
URTH iShares MSCI World ETF 0.2 24 18 6.4 +11.1
JAVA JPMorgan Active Value ETF 0.2 44 -2 6.8 +11.5
SPTM SPDR Portfolio Total Stock Market ETF 0.2 3 39 6.2 +10.9
IZRL ARK Israel Innovative Technology ETF 0.2 49 -7 0.6 +5.3
EIS iShares MSCI Israel ETF 0.2 58 -16 10.7 +15.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.2 35 7 13.5 +18.1
ACWI iShares MSCI ACWI ETF 0.2 32 10 6.5 +11.2
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 30 8.3 +13.0
REVS Columbia Research Enhanced Value ETF 0.1 19 23 8.6 +13.3
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 0.1 125 -83 0.7 +5.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 22 5.7 +10.4
HLGE Hartford Longevity Economy ETF 0.1 44 -2 8.8 +13.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 49 -7 5.3 +9.9
DEEP Roundhill Acquirers Deep Value ETF 0.1 80 -38 17.9 +22.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 30 6.1 +10.8
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.1 39 3 6.4 +11.1
GDEF Goldman Sachs Defensive Equity ETF 0.1 55 -13 5.1 +9.8
SNSR Global X Internet of Things Thematic ETF 0.1 68 -26 4.9 +9.5
ESG FlexShares STOXX US ESG Impact Index Fund 0.1 32 10 5.6 +10.3
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 3 7.6 +12.3
SHE SPDR SSGA Gender Diversity Index ETF 0.1 20 22 6.0 +10.6
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 33 6.3 +11.0
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 32 5.9 +10.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 32 6.0 +10.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 17 7.6 +12.3
DSI iShares MSCI KLD 400 Social ETF 0.1 25 17 5.9 +10.6
SNPE Xtrackers S&P 500 ESG ETF 0.1 10 32 6.0 +10.7
IUS Invesco Strategic US ETF 0.1 19 23 8.1 +12.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 22 7.9 +12.6
FYT First Trust Small Cap Value AlphaDEX Fund 0.1 73 -31 11.9 +16.6
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 -7 5.6 +10.3
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 33 6.0 +10.6
GWX SPDR S&P International Small Cap ETF 0.1 40 2 5.9 +10.6
SUSA iShares MSCI USA ESG Select ETF 0.1 25 17 6.1 +10.8
HDUS Hartford Disciplined US Equity ETF 0.1 19 23 7.0 +11.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 22 6.9 +11.6
XVV iShares ESG Screened S&P 500 ETF 0.1 8 34 5.9 +10.6
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 24 7.7 +12.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 33 5.9 +10.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 22 5.8 +10.5
IVV iShares Core S&P 500 ETF 0.1 3 39 6.0 +10.7
VOO VANGUARD S&P 500 ETF 0.1 3 39 6.0 +10.7
SPY SPDR S&P 500 ETF Trust 0.1 9 33 5.9 +10.6
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 40 6.0 +10.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -33 6.3 +11.0
ILCV iShares Morningstar Value ETF 0.1 4 38 7.7 +12.4
ACVF American Conservative Values ETF 0.1 75 -33 5.1 +9.8
IETC iShares Evolved U.S. Technology ETF 0.1 18 24 5.2 +9.9
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 27 7.4 +12.1
MGK Vanguard Mega Cap Growth ETF 0.1 7 35 4.9 +9.6
GSPY Gotham Enhanced 500 ETF 0.1 50 -8 6.2 +10.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 30 5.5 +10.2
CNBS Amplify Seymour Cannabis ETF 0.1 75 -33 -17.7 -13.1
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 13 8.2 +12.9
TPSC Timothy Plan US Small Cap Core ETF 0.1 52 -10 8.6 +13.3
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.1 37 5 8.6 +13.3
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.1 35 7 8.6 +13.2
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 -33 4.8 +9.5
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 17 7.7 +12.4
SHPP Pacer Industrials and Logistics ETF 0.1 60 -18 9.9 +14.6
JVAL JPMorgan U.S. Value Factor ETF 0.0 12 30 9.5 +14.2
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 25 8.0 +12.7
EPS WisdomTree U.S. Earnings 500 Fund 0.0 8 34 7.2 +11.9
DGRO iShares Core Dividend Growth ETF 0.0 8 34 7.3 +12.0
VEGN US Vegan Climate ETF 0.0 60 -18 5.3 +10.0
MGC Vanguard Mega Cap Index Fund 0.0 7 35 5.7 +10.3
RWL Invesco S&P 500 Revenue ETF 0.0 39 3 7.4 +12.1
VYM Vanguard High Dividend Yield Index ETF 0.0 6 36 8.2 +12.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.0 42 0 6.5 +11.1
VIG Vanguard Dividend Appreciation Index Fund 0.0 6 36 6.3 +11.0
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 38 7.5 +12.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 31 6.2 +10.8
PFM Invesco Dividend Achievers ETF 0.0 53 -11 6.4 +11.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 23 7.1 +11.8
IUSG iShares Core S&P US Growth ETF 0.0 4 38 6.0 +10.7
PKW Invesco Buyback Achievers ETF 0.0 64 -22 9.0 +13.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 3 8.4 +13.1
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.0 20 22 6.6 +11.3
DFLV Dimensional US Large Cap Value ETF 0.0 22 20 9.1 +13.7
DIVB iShares Core Dividend 0.0 5 37 9.0 +13.6
SQEW LeaderShares Equity Skew ETF 0.0 75 -33 5.8 +10.5
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 39 3 6.4 +11.1
AVDE Avantis International Equity ETF 0.0 23 19 8.9 +13.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 39 7.6 +12.3
IEFA iShares Core MSCI EAFE ETF 0.0 7 35 7.7 +12.4
IXUS ishares Core MSCI Total International Stock ETF 0.0 7 35 7.8 +12.5

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

  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:		 Principal Healthcare Innovators Index 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 -41.8 %
Divided by: Fwd. P/BV 9.8 x
Less: Expense ratio 42 bp
Equals: ALTAR Score -4.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.32 CATEGORY
AVERAGE		 1.50
 
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.