Principal Healthcare Innovators ETF
ALTAR
Score™		 -5.3% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 -12.3x P/Sales
ratio		 4.1x
P/BV
ratio		 6.6x Div.
yield		 0.2%


  • 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) $39
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 220
Wgt avg mkt cap (mns) $4,072
Large cap (>$10bn) 10.5%
Mid cap ($2-10bn) 50.1%
Small cap (<$2bn) 39.4%
Developed mkts 99.8%
Emerging mkts 0.0%

TOP TEN HOLDINGS
KARUNA THERAPEUTICS, INC. 2.7 %
SAREPTA THERAPEUTICS INC 2.6 %
EXACT SCIENCES CORP 2.4 %
NATERA INC 2.3 %
ALNYLAM PHARMACEUTICALS INC 2.3 %
BIO-RAD LABORATORIES-CL A 2.2 %
ILLUMINA INC 2.0 %
ELANCO ANIMAL HEALTH, INC. 1.8 %
CYTOKINETICS INC 1.7 %
APELLIS PHARMACEUTICALS, INC. 1.7 %
Total 21.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.9 %
IRELAND 2.4 %
CANADA 0.7 %
BRITAIN 0.4 %
BERMUDA 0.3 %
ISRAEL 0.2 %
0.2 %
CAYMAN ISLANDS 0.2 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
6.2% 16.2% 2.4% -- 6.5%

Market Correlations
versus... Beta R-squared
S&P500 0.94 36%
MSCI EAFE 0.90 30%
MSCI Emg. Mkts. 0.79 25%

Technical Indicators
Recent close $33.60
30d moving avg. $29.76
Annualized volatility 27.9%
Short interest (ETF) 0.3%
Short interest (Underlying) 7.8%
Relative strength (RSI) 71

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.5%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $5,271

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 410 potential alternatives to the Principal Healthcare Innovators 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™: -5.3%


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 50.1 35 7 -1.4 +3.9
BBC Virtus LifeSci Biotech Clinical Trials ETF 31.0 79 -37 -9.7 -4.5
IBBQ Invesco Nasdaq Biotechnology ETF 27.0 19 23 0.9 +6.2
SBIO ALPS Medical Breakthroughs ETF 26.4 50 -8 -4.8 +0.4
IBB iShares Biotechnology ETF 23.6 45 -3 0.9 +6.1
WDNA WisdomTree BioRevolution Fund 21.9 45 -3 -4.5 +0.7
BBP Virtus LifeSci Biotech Products ETF 21.1 79 -37 -4.8 +0.5
PTH Invesco Dorsey Wright Healthcare Momentum ETF 20.1 60 -18 -3.6 +1.7
GNOM Global X Genomics & Biotechnology ETF 18.4 50 -8 -5.4 -0.2
BMED Future Health ETF 17.6 85 -43 0.2 +5.5
CNCR Range Cancer Therapeutics ETF 16.0 79 -37 -33.1 -27.8
QQQS Invesco NASDAQ Future Gen 200 ETF 15.7 20 22 -7.8 -2.6
CANC Tema Oncology ETF 15.7 75 -33 -4.4 +0.9
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 14.3 65 -23 -1.1 +4.1
IDNA iShares Genomics Immunology and Healthcare ETF 14.3 47 -5 -5.2 +0.1
FBT First Trust NYSE Arca Biotechnology Index Fund 13.4 56 -14 0.1 +5.3
HELX Franklin Genomic Advancements ETF 13.3 50 -8 1.7 +7.0
HTEC ROBO Global Healthcare Technology and Innovation ETF 12.4 68 -26 1.1 +6.4
IWC iShares Micro-Cap ETF 12.3 60 -18 -4.3 +0.9
BBH VanEck Biotech ETF 11.6 35 7 5.2 +10.5
IBRN iShares Neuroscience and Healthcare ETF 11.6 47 -5 -5.0 +0.3
IWO iShares Russell 2000 Growth ETF 11.3 24 18 1.4 +6.7
VTWG Vanguard Russell 2000 Growth ETF 11.0 15 27 1.7 +7.0
XHE SPDR S&P Health Care Equipment ETF 10.7 35 7 0.6 +5.9
ARKG ARK Genomic Revolution ETF 10.6 75 -33 -9.2 -3.9
FYC First Trust Small Cap Growth AlphaDEX Fund 10.3 71 -29 0.9 +6.1
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 10.2 60 -18 1.2 +6.5
PBE Invesco Biotechnology & Genome ETF 10.0 58 -16 0.7 +5.9
FTXH First Trust Nasdaq Pharmaceuticals ETF 9.9 60 -18 9.1 +14.4
XPH SPDR S&P Pharmaceuticals ETF 9.4 35 7 5.1 +10.3
GERM ETFMG Treatments Testing and Advancements ETF 8.7 68 -26 -6.6 -1.3
ISCG iShares Morningstar Small-Cap Growth ETF 8.6 6 36 2.5 +7.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 8.1 9 33 4.0 +9.2
IHE iShares U.S. Pharmaceuticals ETF 8.1 40 2 8.3 +13.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 8.1 95 -53 1.7 +7.0
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 8.0 35 7 5.4 +10.7
IWM iShares Russell 2000 ETF 7.8 19 23 3.6 +8.9
PSCH Invesco S&P SmallCap Health Care ETF 7.8 29 13 5.9 +11.2
VTWO Vanguard Russell 2000 ETF 7.5 10 32 3.9 +9.1
MEDX Horizon Kinetics Medical ETF 7.2 85 -43 -0.2 +5.1
VBK Vanguard Small-Cap Growth ETF 7.1 7 35 1.5 +6.7
INNO Harbor Disruptive Innovation ETF 6.9 75 -33 -3.5 +1.7
ARKK ARK Innovation ETF 6.9 75 -33 -4.9 +0.3
SCHA Schwab U.S. Small-Cap ETF 6.4 4 38 4.9 +10.1
FXH First Trust Health Care AlphaDEX Fund 6.4 62 -20 7.1 +12.3
VFMO Vanguard U.S. Momentum Factor ETF 6.3 13 29 2.8 +8.0
SYNB Putnam BioRevolution ETF 6.3 70 -28 2.9 +8.2
AVSC Avantis U.S Small Cap Equity ETF 6.3 25 17 5.4 +10.7
FFTY Innovator IBD 50 ETF 6.1 80 -38 0.1 +5.3
BKSE BNY Mellon US Small Cap Core Equity ETF 6.1 4 38 5.7 +11.0
ISCB iShares Morningstar Small-Cap ETF 5.6 4 38 5.3 +10.6
NUSC Nuveen ESG Small-Cap ETF 5.6 31 11 5.2 +10.4
MEDI Harbor Health Care ETF 5.5 80 -38 0.9 +6.1
FYX First Trust Small Cap Core AlphaDEX Fund 5.5 61 -19 7.2 +12.4
STXK Strive Small-Cap ETF 5.4 18 24 5.5 +10.8
FHLC Fidelity MSCI Health Care Index ETF 5.3 8 34 5.9 +11.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 5.2 17 25 5.4 +10.7
GDOC Goldman Sachs Future Health Care Equity ETF 5.1 75 -33 3.2 +8.4
PSC Principal U.S. Small-Cap ETF 5.1 38 4 6.6 +11.8
ARB AltShares Merger Arbitrage ETF 5.0 77 -35 -0.2 +5.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 4.9 20 22 6.7 +12.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 4.8 70 -28 1.8 +7.1
VHT Vanguard Health Care ETF 4.8 10 32 5.7 +10.9
EDOC Global X Telemedicine & Digital Health ETF Registered 4.8 68 -26 -5.5 -0.2
JFWD Jacob Forward ETF 4.7 75 -33 0.0 +5.3
IHI iShares U.S. Medical Devices ETF 4.7 40 2 3.8 +9.1
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 4.6 20 22 4.5 +9.8
ETHO Etho Climate Leadership U.S. ETF 4.6 47 -5 4.1 +9.3
VXF Vanguard Extended Market ETF 4.6 6 36 3.9 +9.2
AGNG Global X Aging Population ETF 4.5 50 -8 4.1 +9.4
SMLF iShares U.S. SmallCap Equity Factor ETF 4.5 15 27 5.8 +11.1
IWN iShares Russell 2000 Value ETF 4.4 24 18 5.6 +10.8
AFSM First Trust Active Factor Small Cap ETF 4.3 75 -33 7.6 +12.9
PINK Simplify Health Care ETF 4.3 50 -8 3.3 +8.6
VTWV Vanguard Russell 2000 Value ETF 4.2 15 27 5.8 +11.1
ISMD Inspire Small/Mid Cap ETF 4.1 54 -12 6.1 +11.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 4.0 7 35 5.8 +11.0
SSLY Syntax Stratified SmallCap ETF 4.0 40 2 7.5 +12.7
JHSC John Hancock Multifactor Small Cap ETF 4.0 42 0 6.2 +11.5
VB Vanguard Small-Cap ETF 4.0 5 37 5.4 +10.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 3.8 64 -22 2.1 +7.3
ROBO ROBO Global Robotics & Automation Index ETF 3.8 95 -53 2.8 +8.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 3.6 15 27 7.0 +12.2
FDHT Fidelity Digital Health ETF 3.5 39 3 -2.4 +2.8
DFAS Dimensional U.S. Small Cap ETF 3.4 26 16 6.0 +11.3
USVM VictoryShares US Small Mid Cap Value Momentum ETF 3.3 25 17 8.8 +14.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 3.1 4 38 6.1 +11.4
PSIL AdvisorShares Psychedelics ETF 3.1 99 -57 0.0 +5.3
SMLE Xtrackers S&P SmallCap 600 ESG ETF 3.0 15 27 7.6 +12.8
GINN Goldman Sachs Innovate Equity ETF 3.0 52 -10 2.7 +8.0
WCEO Hypatia Women CEO ETF 3.0 85 -43 5.2 +10.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 2.9 39 3 4.5 +9.8
SLYG SPDR S&P 600 Small Cap Growth ETF 2.9 15 27 7.1 +12.3
IJT iShares S&P Small-Cap 600 Growth ETF 2.9 18 24 7.0 +12.3
MOON Direxion Moonshot Innovators ETF 2.9 65 -23 0.0 +5.3
RSPH Invesco S&P 500 Equal Weight Health Care ETF 2.8 40 2 7.3 +12.6
IQSM IQ Candriam U.S. Mid Cap Equity ETF 2.8 15 27 6.3 +11.5
FSMD Fidelity Small-Mid Multifactor ETF 2.8 15 27 7.6 +12.9
SANE Subversive Mental Health ETF 2.8 75 -33 0.0 +5.3
SAGP Strategas Global Policy Opportunities ETF 2.7 65 -23 4.5 +9.8
TMFX Motley Fool Next Index ETF 2.6 50 -8 3.4 +8.6
GURU Global X Guru Index ETF 2.6 75 -33 2.5 +7.8
FDG American Century Focused Dynamic Growth ETF 2.5 45 -3 2.7 +7.9
XJR iShares ESG Screened S&P Small-Cap ETF 2.5 12 30 7.8 +13.0
VIOO Vanguard S&P Small-Cap 600 ETF 2.4 10 32 7.8 +13.0
ISCV iShares Morningstar Small Cap Value ETF 2.4 6 36 8.1 +13.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 2.4 3 39 8.2 +13.5
IJR iShares Core S&P Small Cap ETF 2.4 6 36 8.2 +13.4
FLDZ RiverNorth Patriot ETF 2.3 75 -33 5.8 +11.1
IYH iShares U.S. Healthcare ETF 2.2 40 2 6.2 +11.5
IWP iShares Russell Mid-Cap Growth ETF 2.2 23 19 3.8 +9.1
KOMP SPDR S&P Kensho New Economies Composite ETF 2.1 20 22 2.1 +7.3
SMDY Syntax Stratified MidCap ETF 2.1 35 7 6.3 +11.6
BKWO BNY Mellon Women's Opportunities ETF 2.1 50 -8 3.8 +9.1
SQLV Royce Quant Small-Cap Quality Value ETF 2.0 60 -18 9.0 +14.3
ESIX SPDR S&P SmallCap 600 ESG ETF 2.0 12 30 7.8 +13.0
FLQS Franklin U.S. Small Cap Multifactor Index ETF 2.0 35 7 7.5 +12.7
FSMO Fidelity Small-Mid Cap Opportunities ETF 2.0 60 -18 6.7 +11.9
SCHM Schwab U.S. Mid-Cap ETF 2.0 4 38 6.3 +11.6
GVIP Goldman Sachs Hedge Industry VIP ETF 1.9 45 -3 4.6 +9.9
EES WisdomTree U.S. SmallCap Fund 1.9 38 4 10.3 +15.6
PJP Invesco Pharmaceuticals ETF 1.8 57 -15 7.4 +12.7
HART IQ Healthy Hearts ETF 1.8 45 -3 5.3 +10.6
SLYV SPDR S&P 600 Small Cap Value ETF 1.8 15 27 9.4 +14.6
IJS iShares S&P Small-Cap 600 Value ETF 1.8 18 24 9.3 +14.6
FNX First Trust Mid Cap Core AlphaDEX Fund 1.8 60 -18 6.0 +11.3
XSMO Invesco S&P SmallCap Momentum ETF 1.8 39 3 7.8 +13.0
SFYX SoFi Next 500 ETF 1.8 0 42 5.6 +10.8
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.8 45 -3 1.4 +6.6
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.8 35 7 7.2 +12.4
ANEW ProShares MSCI Transformational Changes ETF 1.7 45 -3 3.3 +8.6
XT iShares Exponential Technologies ETF 1.7 46 -4 3.9 +9.1
DFAT Dimensional U.S. Targeted Value ETF 1.6 28 14 8.2 +13.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.6 29 13 7.4 +12.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.6 39 3 8.9 +14.2
VBR Vanguard Small Cap Value ETF 1.6 7 35 8.2 +13.4
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 -18 5.6 +10.8
FPX First Trust US Equity Opportunities ETF 1.6 61 -19 0.6 +5.9
HKND Humankind US Stock ETF 1.6 11 31 7.0 +12.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.6 65 -23 1.6 +6.9
ONEQ Fidelity Nasdaq Composite Index ETF 1.6 21 21 3.9 +9.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.5 15 27 8.2 +13.5
CALF Pacer US Small Cap Cash Cows 100 ETF 1.5 59 -17 11.1 +16.3
TMFS Motley Fool Small-Cap Growth ETF 1.5 85 -43 3.6 +8.8
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.5 59 -17 8.5 +13.7
DFSV Dimensional US Small Cap Value ETF 1.5 31 11 8.9 +14.1
PPH VanEck Pharmaceutical ETF 1.4 36 6 8.9 +14.1
CVAR Cultivar ETF 1.4 87 -45 6.9 +12.2
QQQN VictoryShares Nasdaq Next 50 ETF 1.4 18 24 4.5 +9.8
EQUL IQ Engender Equality ETF 1.4 45 -3 6.8 +12.1
MOO VanEck Agribusiness ETF 1.4 53 -11 9.4 +14.6
HAPY Harbor Human Capital Factor Unconstrained ETF 1.4 50 -8 4.8 +10.0
DRUP GraniteShares Nasdaq Select Disruptors ETF 1.4 60 -18 3.9 +9.1
ROSC Hartford Multifactor Small Cap ETF 1.3 34 8 10.1 +15.4
VOT Vanguard Mid-Cap Growth ETF 1.3 7 35 4.2 +9.4
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.3 15 27 4.7 +10.0
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 1.3 79 -37 6.2 +11.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.3 15 27 8.7 +13.9
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.3 65 -23 3.8 +9.1
EQAL Invesco Russell 1000 Equal Weight ETF 1.3 20 22 6.0 +11.2
SMMD iShares Russell 2500 ETF 1.3 15 27 6.0 +11.3
CBSE Clough Select Equity ETF 1.2 85 -43 -2.3 +3.0
FDWM Fidelity Women's Leadership ETF 1.2 59 -17 4.8 +10.0
SMOT VanEck Morningstar SMID Moat ETF 1.1 49 -7 6.3 +11.6
IWR iShares Russell Midcap ETF 1.1 19 23 5.7 +10.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.0 25 17 5.7 +10.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 7 4.8 +10.1
GVLU Gotham 1000 Value ETF 1.0 50 -8 7.4 +12.7
ITAN Sparkline Intangible Value ETF 1.0 50 -8 6.2 +11.4
GBUY Goldman Sachs Future Consumer Equity ETF 1.0 75 -33 3.1 +8.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 -16 4.8 +10.0
BLES Inspire Global Hope ETF 1.0 61 -19 6.3 +11.6
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.9 12 30 7.3 +12.6
JGRO JPMorgan Active Growth ETF 0.9 44 -2 3.4 +8.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.9 17 25 5.7 +10.9
TMFM Motley Fool Mid-Cap Growth ETF 0.9 85 -43 3.3 +8.6
JHMM John Hancock Multifactor Mid Cap ETF 0.9 42 0 6.6 +11.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.9 15 27 7.6 +12.9
LRNZ TrueShares Technology, AI & Deep Learning ETF 0.9 69 -27 -1.2 +4.0
SMCP AlphaMark Actively Managed Small Cap ETF 0.9 90 -48 6.8 +12.1
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.8 40 2 4.1 +9.4
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.8 60 -18 6.4 +11.7
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.8 15 27 7.0 +12.3
RFV Invesco S&P Midcap 400 Pure Value ETF 0.8 35 7 8.8 +14.1
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 0.8 40 2 6.6 +11.9
PEY Invesco High Yield Equity Dividend Achievers ETF 0.8 52 -10 9.4 +14.6
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.8 20 22 5.4 +10.7
SPHB Invesco S&P 500 High Beta ETF 0.8 25 17 5.0 +10.2
IMCG iShares Morningstar Mid-Cap Growth ETF 0.8 6 36 4.3 +9.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.8 75 -33 3.8 +9.0
FDMO Fidelity Momentum Factor ETF 0.8 15 27 3.7 +9.0
BIBL Inspire 100 ETF 0.8 35 7 4.8 +10.1
RNMC First Trust Mid Cap US Equity Select ETF 0.8 60 -18 7.9 +13.1
SXQG ETC 6 Meridian Quality Growth ETF 0.7 100 -58 4.4 +9.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.7 18 24 8.2 +13.5
MDYV SPDR S&P 400 Mid Cap Value ETF 0.7 15 27 8.2 +13.5
VIRS Pacer BioThreat Strategy ETF 0.7 70 -28 6.0 +11.2
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.7 35 7 5.7 +10.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.7 3 39 5.1 +10.4
VTI Vanguard Total Stock Market ETF 0.7 3 39 5.1 +10.3
IQM Franklin Intelligent Machines ETF 0.7 50 -8 3.1 +8.3
MDY SPDR S&P Midcap 400 ETF Trust 0.7 23 19 6.8 +12.0
FNDA Schwab Fundamental US Small Co. Index ETF 0.7 25 17 6.8 +12.1
BFOR ALPS Barron's 400 ETF 0.6 65 -23 6.6 +11.8
IWV iShares Russell 3000 ETF 0.6 20 22 5.0 +10.3
IJH iShares Core S&P Mid-Cap ETF 0.6 5 37 6.9 +12.2
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.6 3 39 7.0 +12.2
VTHR Vanguard Russell 3000 ETF 0.6 10 32 5.1 +10.3
AFMC First Trust Active Factor Mid Cap ETF 0.6 65 -23 7.5 +12.7
FYT First Trust Small Cap Value AlphaDEX Fund 0.6 73 -31 11.7 +17.0
IWS iShares Russell Mid-Cap Value ETF 0.6 23 19 6.6 +11.9
ITEQ BlueStar Israel Technology ETF BlueStar Israel Technology Fu 0.6 75 -33 1.6 +6.8
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 27 7.4 +12.7
VFQY Vanguard U.S. Quality Factor ETF 0.6 13 29 7.2 +12.5
SPMV Invesco S&P 500 Minimum Variance ETF 0.6 10 32 5.6 +10.9
VO Vanguard Mid-Cap ETF 0.6 4 38 5.8 +11.1
SIZE iShares MSCI USA Size Factor ETF 0.6 15 27 6.0 +11.3
SCHB Schwab U.S. Broad Market ETF 0.6 3 39 5.2 +10.5
ESGV Vanguard ESG U.S. Stock ETF 0.6 9 33 5.1 +10.3
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 33 6.2 +11.4
BOUT Innovator IBD Breakout Opportunities ETF 0.6 81 -39 2.9 +8.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.6 39 3 9.4 +14.7
IJK iShares S&P Mid-Cap 400 Growth ETF 0.6 17 25 5.8 +11.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.6 15 27 5.8 +11.1
CGGR Capital Group Growth ETF 0.6 39 3 3.5 +8.7
BOTZ Global X Robotics & Artificial Intelligence ETF 0.6 69 -27 2.3 +7.6
DTEC ALPS Disruptive Technologies ETF 0.6 50 -8 3.3 +8.5
PDP Invesco Dorsey Wright Momentum ETF 0.6 62 -20 3.7 +8.9
EZM WisdomTree U.S. MidCap Fund 0.6 38 4 8.2 +13.4
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 38 6.1 +11.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.5 9 33 6.0 +11.2
ISRA VanEck Israel ETF 0.5 59 -17 8.9 +14.2
IVOO Vanguard S&P Mid-Cap 400 ETF 0.5 10 32 6.9 +12.2
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -47 4.8 +10.0
AVUS Avantis U.S. Equity ETF 0.5 15 27 6.0 +11.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.5 24 18 7.8 +13.1
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.5 20 22 6.4 +11.6
CACG ClearBridge All Cap Growth ESG ETF 0.5 54 -12 3.4 +8.7
XLV Health Care Select Sector SPDR Fund 0.5 9 33 7.1 +12.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.5 29 13 9.1 +14.4
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 15 9.0 +14.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 33 5.7 +11.0
DFAU Dimensional US Core Equity Market ETF 0.4 12 30 5.4 +10.6
ARKW ARK Next Generation Internet ETF 0.4 87 -45 -2.9 +2.4
RPV Invesco S&P 500 Pure Value ETF 0.4 35 7 9.9 +15.1
LRND IQ U.S. Large Cap R&D Leaders ETF 0.4 14 28 6.3 +11.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 30 6.8 +12.1
QGRO American Century U.S. Quality Growth ETF 0.4 29 13 5.8 +11.1
FBCG Fidelity Blue Chip Growth ETF 0.4 59 -17 2.6 +7.8
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 -10 7.6 +12.9
FDM First Trust Dow Jones Select MicroCap Index Fund 0.4 60 -18 7.9 +13.2
PAWZ ProShares Pet Care ETF 0.4 50 -8 4.0 +9.2
DFUS Dimensional U.S. Equity ETF 0.4 9 33 5.1 +10.4
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 24 5.7 +10.9
DSMC Distillate Small/Mid Cash Flow ETF 0.4 55 -13 11.8 +17.0
XSHQ Invesco S&P SmallCap Quality ETF 0.4 29 13 10.1 +15.3
ROYA Tema Global Royalties ETF 0.4 75 -33 4.6 +9.8
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.4 42 0 7.5 +12.8
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.3 35 7 7.6 +12.9
RSP Invesco S&P 500 Equal Weight ETF 0.3 20 22 6.2 +11.5
VFVA Vanguard U.S. Value Factor ETF 0.3 13 29 10.6 +15.9
IXJ iShares Global Healthcare ETF 0.3 42 0 6.1 +11.4
VFMF Vanguard U.S. Multifactor ETF 0.3 18 24 8.7 +13.9
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 32 5.2 +10.5
VAMO Cambria Value & Momentum ETF 0.3 61 -19 9.6 +14.9
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.3 47 -5 9.8 +15.1
VONG Vanguard Russell 1000 Growth ETF 0.3 8 34 4.8 +10.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.3 15 27 7.1 +12.3
VT Vanguard Total World Stock ETF 0.3 7 35 5.8 +11.1
FNK First Trust Mid Cap Value AlphaDEX Fund 0.3 70 -28 9.2 +14.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 36 7.9 +13.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 32 5.4 +10.7
SIXL ETC 6 Meridian Low Beta Equity ETF 0.3 80 -38 5.1 +10.3
SNPV Xtrackers S&P 500 Value ESG ETF 0.3 15 27 6.8 +12.1
VONE Vanguard Russell 1000 ETF 0.3 8 34 5.2 +10.5
SCHK Schwab 1000 Index ETF 0.3 5 37 5.3 +10.5
IYY iShares Dow Jones U.S. ETF 0.3 20 22 5.1 +10.3
SCHG Schwab U.S. Large-Cap Growth ETF 0.3 4 38 4.3 +9.6
SDY SPDR S&P Dividend ETF 0.3 35 7 6.3 +11.5
DFNV Donoghue Forlines Innovation ETF 0.3 69 -27 5.0 +10.3
IWF iShares Russell 1000 Growth ETF 0.3 19 23 4.7 +10.0
ROUS Hartford Multifactor US Equity ETF 0.3 19 23 6.4 +11.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 31 5.2 +10.5
STXG Strive 1000 Growth ETF 0.3 18 24 4.2 +9.5
STXV Strive 1000 Value ETF 0.3 18 24 7.8 +13.1
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 3 8.7 +13.9
IWB iShares Russell 1000 ETF 0.3 15 27 5.1 +10.4
NUMV Nuveen ESG Mid-Cap Value ETF 0.3 31 11 7.4 +12.6
AIEQ AI Powered Equity ETF 0.3 75 -33 6.1 +11.4
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.2 10 32 4.8 +10.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -33 4.7 +10.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 27 4.9 +10.2
VONV Vanguard Russell 1000 Value ETF 0.2 8 34 6.7 +12.0
SSPY Syntax Stratified LargeCap ETF 0.2 30 12 6.5 +11.7
RECS Columbia Research Enhanced Core ETF 0.2 15 27 5.6 +10.9
WRND IQ Global Equity R&D Leaders ETF 0.2 18 24 7.2 +12.4
IZRL ARK Israel Innovative Technology ETF 0.2 49 -7 1.5 +6.7
DFUV Dimensional US Marketwide Value ETF 0.2 22 20 7.6 +12.9
IWD iShares Russell 1000 Value ETF 0.2 19 23 6.6 +11.8
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.2 15 27 6.4 +11.7
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 -25 9.2 +14.5
EGUS iShares ESG Aware MSCI USA Growth ETF 0.2 18 24 4.3 +9.6
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.2 10 32 4.9 +10.1
GWX SPDR S&P International Small Cap ETF 0.2 40 2 6.6 +11.9
SDG iShares MSCI Global Sustainable Development Goals ETF 0.2 49 -7 5.8 +11.0
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 30 4.8 +10.1
ILCG iShares Morningstar Growth ETF 0.2 4 38 4.1 +9.4
HLAL Wahed FTSE USA Shariah ETF 0.2 50 -8 5.0 +10.2
JHML John Hancock Multifactor Large Cap ETF 0.2 29 13 5.6 +10.9
VUG Vanguard Growth ETF 0.2 4 38 4.3 +9.5
PKW Invesco Buyback Achievers ETF 0.2 62 -20 7.1 +12.3
IUSV iShares Core S&P US Value ETF 0.2 4 38 6.8 +12.1
SCHX Schwab U.S. Large-Cap ETF 0.2 3 39 5.3 +10.5
NULG Nuveen ESG Large-Cap Growth ETF 0.2 26 16 4.4 +9.7
QQQ Invesco QQQ Trust Series I 0.1 20 22 4.6 +9.9
QQQM Invesco NASDAQ 100 ETF 0.1 15 27 4.7 +9.9
QQMG Invesco ESG NASDAQ 100 ETF 0.1 20 22 4.7 +10.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 39 5.4 +10.7
TXS Texas Capital Texas Equity Index ETF 0.1 49 -7 5.6 +10.8
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 27 7.5 +12.7
TINY ProShares Nanotechnology ETF 0.1 58 -16 1.9 +7.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 40 5.3 +10.5
VOOV Vanguard S&P 500 Value ETF 0.1 10 32 5.6 +10.8
IVE iShares S&P 500 Value ETF 0.1 18 24 6.6 +11.8
AOTG AOT Growth and Innovation ETF 0.1 75 -33 3.0 +8.3
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 38 6.7 +12.0
HAPI Harbor Human Capital Factor US Large Cap ETF 0.1 36 6 4.8 +10.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 22 5.1 +10.3
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 17 10.0 +15.3
PBUS Invesco MSCI USA ETF 0.1 4 38 5.3 +10.5
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 -33 4.9 +10.2
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 30 7.1 +12.4
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 39 5.3 +10.5
VOTE TCW Transform 500 ETF 0.1 5 37 5.2 +10.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 28 5.4 +10.6
REVS Columbia Research Enhanced Value ETF 0.1 19 23 7.7 +13.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 17 7.1 +12.4
VV Vanguard Large-Cap ETF 0.1 4 38 5.2 +10.5
SUSA iShares MSCI USA ESG Select ETF 0.1 25 17 5.4 +10.6
HLGE Hartford Longevity Economy ETF 0.1 44 -2 6.6 +11.8
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 3 7.3 +12.5
SFY SoFi Select 500 ETF 0.1 0 42 5.2 +10.4
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 27 5.2 +10.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 33 5.5 +10.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 -3 4.7 +10.0
VALQ American Century U.S. Quality Value ETF 0.1 29 13 7.5 +12.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 33 5.7 +10.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 42 5.3 +10.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 32 5.2 +10.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 35 5.2 +10.5
TOK iShares MSCI Kokusai ETF 0.1 26 16 5.3 +10.5
NULC Nuveen ESG Large-Cap ETF 0.1 21 21 5.5 +10.8
GDEF Goldman Sachs Defensive Equity ETF 0.1 55 -13 4.4 +9.6
IUS Invesco RAFI Strategic US ETF 0.1 19 23 7.3 +12.5
RVRB Reverb ETF 0.1 30 12 5.0 +10.2
SNPE Xtrackers S&P 500 ESG ETF 0.1 10 32 5.3 +10.6
GSPY Gotham Enhanced 500 ETF 0.1 50 -8 5.3 +10.6
STRV Strive 500 ETF 0.1 5 37 5.2 +10.4
URTH iShares MSCI World ETF 0.1 24 18 5.4 +10.6
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 32 5.1 +10.4
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 -7 5.0 +10.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 30 5.1 +10.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 30 4.5 +9.8
DSI iShares MSCI KLD 400 Social ETF 0.1 25 17 5.1 +10.4
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 30 8.4 +13.6
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 33 5.3 +10.5
ACWI iShares MSCI ACWI ETF 0.1 32 10 5.5 +10.7
TMFC Motley Fool 100 Index ETF 0.1 50 -8 4.0 +9.2
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 33 5.3 +10.6
ILCV iShares Morningstar Value ETF 0.1 4 38 6.7 +11.9
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 35 5.2 +10.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 33 5.0 +10.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 22 7.1 +12.4
XVV iShares ESG Screened S&P 500 ETF 0.1 8 34 5.1 +10.4
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 31 5.2 +10.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 22 5.1 +10.3
IVV iShares Core S&P 500 ETF 0.1 3 39 5.3 +10.5
VOO Vanguard S&P 500 ETF 0.1 3 39 5.3 +10.6
SPY SPDR S&P 500 ETF Trust 0.1 9 33 5.2 +10.5
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 10 5.2 +10.4
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 40 5.3 +10.5
ACVF American Conservative Values ETF 0.1 75 -33 4.4 +9.6
SHPP Pacer Industrials and Logistics ETF 0.1 60 -18 8.9 +14.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 17 7.1 +12.4
VEGN US Vegan Climate ETF 0.0 60 -18 4.7 +9.9
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 24 4.4 +9.7
HDUS Hartford Disciplined US Equity ETF 0.0 19 23 6.2 +11.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 0 5.1 +10.4
DGRO iShares Core Dividend Growth ETF 0.0 8 34 6.5 +11.7
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 25 7.1 +12.3
RWL Invesco S&P 500 Revenue ETF 0.0 39 3 6.6 +11.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 13 6.3 +11.5
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 38 4.6 +9.9
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 38 6.7 +11.9
VYM Vanguard High Dividend Yield Index ETF 0.0 6 36 7.3 +12.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 22 5.6 +10.9
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 27 6.1 +11.3
VIG Vanguard Dividend Appreciation ETF 0.0 6 36 5.8 +11.1
VFMV Vanguard U.S. Minimum Volatility ETF 0.0 13 29 5.4 +10.6
EPS WisdomTree U.S. LargeCap Fund 0.0 8 34 6.3 +11.5
PFM Invesco Dividend Achievers ETF 0.0 53 -11 5.7 +10.9
CNBS Amplify Seymour Cannabis ETF 0.0 75 -33 -28.0 -22.8
DIVB iShares Core Dividend ETF 0.0 5 37 8.0 +13.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 23 6.5 +11.8
VTV Vanguard Value ETF 0.0 4 38 7.0 +12.3
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 12 6.1 +11.3
DFLV Dimensional US Large Cap Value ETF 0.0 22 20 7.8 +13.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 39 6.9 +12.2
TCHP T. Rowe Price Blue Chip Growth ETF 0.0 57 -15 3.6 +8.8
APUE ActivePassive U.S. Equity ETF 0.0 45 -3 5.0 +10.3

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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 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 -37.9 %
Divided by: Fwd. P/BV 7.8 x
Less: Expense ratio 42 bp
Equals: ALTAR Score -5.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.28 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.