Principal Real Estate Active Opportunities ETF
ALTAR
Score™		 5.6% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 17.1x P/Sales
ratio		 5.0x
P/BV
ratio		 2.0x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
BYRE is an actively managed, non-transparent fund that seeks total return by centering on US-listed companies in the real estate industry, selected using a bottom-up fundamental approach. The fund utilizes the Fidelity non-transparent model.

FUND BASICS
Category US Equities
Fund Sponsor Principal
Website principaletfs.com/etf/BYRE
Inception date May 18, 2022
Assets (mns) $11
Currency USD
Expense ratio 65 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 24
Wgt avg mkt cap (mns) $25,287
Large cap (>$10bn) 72.1%
Mid cap ($2-10bn) 26.0%
Small cap (<$2bn) 1.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
VENTAS INC 7.9 %
AMERICAN TOWER CORP-CL A 7.7 %
INVITATION HOMES, INC. 7.0 %
EQUINIX INC 6.9 %
EXTRA SPACE STORAGE INC 6.2 %
AMERICOLD REALTY TRUST 5.9 %
REXFORD INDUSTRIAL REALTY IN 4.8 %
WELLTOWER, INC. 4.7 %
SUN COMMUNITIES INC 4.6 %
SBA COMMUNICATIONS CORP. CLASS A 4.6 %
Total 60.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.2 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.1% -- -- -- 2.2%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $24.23
30d moving avg. $23.67
Annualized volatility 0.0%
Short interest (ETF) 0.9%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.2%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $6,435

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 474 potential alternatives to the Principal Real Estate Active Opportunities ETF ETF based on the alternatives' overlap in portfolio holdings with BYRE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BYRE Expense: 65 bp ALTAR Score™: 5.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BYRE
Ticker Fund
Name		 Overlap1
vs BYRE
(%)		 Expense
ratio
(bp)		 Savings
vs BYRE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs BYRE
(%)
JPRE JPMorgan Realty Income ETF 48.9 50 15 5.7 +0.2
FPRO Fidelity Real Estate Investment ETF 46.2 59 6 5.4 -0.1
ICF iShares Cohen & Steers REIT ETF 44.1 33 32 6.2 +0.6
DFAR Dimensional US Real Estate ETF 41.2 19 46 6.7 +1.2
PSR Invesco Active U.S. Real Estate Fund 41.1 35 30 6.6 +1.0
SCHH Schwab U.S. REIT ETF 40.4 7 58 6.9 +1.4
IYR iShares U.S. Real Estate ETF 39.3 40 25 6.5 +0.9
XLRE Real Estate Select Sector SPDR Fund 38.9 9 56 6.4 +0.8
FREL Fidelity MSCI Real Estate Index ETF 38.2 8 57 6.6 +1.1
ROOF IQ CBRE NextGen Real Estate ETF 37.9 60 5 7.0 +1.4
VNQ Vanguard Real Estate ETF 37.9 12 53 6.6 +1.1
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 36.9 60 5 3.6 -2.0
IVRA Invesco Real Assets ESG ETF 35.5 59 6 6.4 +0.9
REAI Intelligent Real Estate ETF 34.6 59 6 7.5 +2.0
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 33.8 11 54 6.8 +1.2
RSPR Invesco S&P 500 Equal Weight Real Estate ETF 33.6 40 25 6.6 +1.0
FRI First Trust S&P REIT Index Fund 33.5 50 15 6.4 +0.8
USRT iShares Core U.S. REIT ETF 33.5 8 57 6.8 +1.3
AVRE Avantis Real Estate ETF 33.3 17 48 6.1 +0.6
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 32.3 75 -10 4.6 -0.9
CRED Columbia Research Enhanced Real Estate ETF 32.0 33 32 7.5 +1.9
DFGR Dimensional Global Real Estate ETF 32.0 22 43 6.5 +0.9
WTRE WisdomTree New Economy Real Estate Fund 31.9 58 7 4.8 -0.7
REZ iShares Residential and Multisector Real Estate ETF 31.1 48 17 5.7 +0.2
RWR SPDR Dow Jones REIT ETF 30.8 25 40 6.5 +1.0
JRE Janus Henderson U.S. Real Estate ETF 27.9 65 0 5.8 +0.2
REET iShares Global REIT ETF 26.1 14 51 6.6 +1.0
RWO SPDR Dow Jones Global Real Estate ETF 24.4 50 15 6.3 +0.8
SRVR Pacer Data & Infrastructure Real Estate ETF 24.3 55 10 2.0 -3.5
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF 24.0 41 24 11.8 +6.2
PPTY US Diversified Real Estate ETF 23.5 53 12 6.1 +0.6
DTCR Global X Data Center & Digital Infrastructure ETF 23.4 50 15 2.7 -2.9
NURE Nuveen Short-Term REIT ETF 23.0 35 30 5.7 +0.1
HAUS Residential REIT ETF 22.2 60 5 5.2 -0.4
ERET iShares Environmentally Aware Real Estate ETF 21.8 30 35 6.7 +1.2
BLLD JPMorgan Sustainable Infrastructure ETF 21.0 49 16 5.6 +0.1
RITA ETFB Green SRI REITs ETF 17.4 50 15 5.1 -0.4
RDOG ALPS REIT Dividend Dogs ETF 17.2 35 30 16.2 +10.6
IQRA IQ CBRE Real Assets ETF 13.8 65 0 5.5 -0.0
GQRE FlexShares Global Quality Real Estate Index Fund 13.6 45 20 6.5 +0.9
SPRE SP Funds S&P Global REIT Sharia ETF 13.6 55 10 4.8 -0.8
INDS Pacer Industrial Real Estate ETF 12.5 55 10 5.5 -0.1
ICAP InfraCap Equity Income Fund ETF 11.8 171 -106 6.5 +1.0
SRET Global X SuperDividend REIT ETF 9.5 59 6 9.5 +4.0
HOMZ Hoya Capital Housing ETF 9.0 30 35 7.3 +1.7
BEDZ AdvisorShares Hotel ETF 8.9 100 -35 1.8 -3.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 8.8 46 19 5.4 -0.2
BJK VanEck Gaming ETF 8.2 65 0 1.9 -3.7
SPYD SPDR Portfolio S&P 500 High Dividend ETF 7.7 7 58 8.8 +3.2
VRAI Virtus Real Asset Income ETF 7.6 55 10 8.3 +2.7
NETL NETLease Corporate Real Estate ETF 7.5 60 5 8.4 +2.9
RIET Hoya Capital High Dividend Yield ETF 7.3 50 15 12.2 +6.6
TMFG Motley Fool Global Opportunities ETF 6.9 85 -20 3.4 -2.2
BWEB Bitwise Web3 ETF 6.9 85 -20 0.9 -4.6
TXS Texas Capital Texas Equity Index ETF 6.7 49 16 5.3 -0.3
KBWY Invesco KBW Premium Yield Equity REIT ETF 6.6 35 30 13.2 +7.7
BLDG Cambria Global Real Estate ETF 6.5 60 5 9.5 +3.9
VICE AdvisorShares Vice ETF 6.4 99 -34 5.4 -0.1
FCLD Fidelity Cloud Computing ETF 6.4 39 26 3.3 -2.2
NXTG First Trust Indxx NextG ETF 6.3 70 -5 5.9 +0.3
XDAT Franklin Exponential Data ETF 6.1 50 15 3.0 -2.5
KNCT Invesco Next Gen Connectivity ETF 6.1 40 25 5.7 +0.1
NUDV Nuveen ESG Dividend ETF 5.9 26 39 7.3 +1.8
AGNG Global X Aging Population ETF 5.9 50 15 3.9 -1.6
IDAT iShares Future Cloud 5G and Tech ETF 5.7 47 18 4.4 -1.2
TMFM Motley Fool Mid-Cap Growth ETF 5.2 85 -20 3.0 -2.5
RBLD First Trust Alerian US NextGen Infrastructure ETF 5.2 65 0 5.1 -0.4
FDCF Fidelity Disruptive Communications ETF 4.9 50 15 2.7 -2.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 4.8 47 18 5.7 +0.2
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 4.7 60 5 6.9 +1.3
FMET Fidelity Metaverse ETF 4.7 39 26 5.1 -0.5
BIBL Inspire 100 ETF 4.7 35 30 5.1 -0.4
VOT Vanguard Mid-Cap Growth ETF 4.6 7 58 4.2 -1.3
SDG iShares MSCI Global Sustainable Development Goals ETF 4.5 49 16 5.6 +0.0
DIV Global X SuperDividend US ETF 4.4 45 20 7.8 +2.3
IGPT Invesco AI and Next Gen Software ETF 4.3 60 5 4.3 -1.3
MBCC Monarch Blue Chips Core ETF 4.1 125 -60 3.6 -2.0
FIVG Defiance Next Gen Connectivity ETF 4.0 30 35 6.1 +0.6
AIEQ AI Powered Equity ETF 4.0 75 -10 3.4 -2.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 4.0 10 55 4.6 -0.9
NZUS SPDR MSCI USA Climate Paris Aligned ETF 3.8 10 55 4.7 -0.9
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 3.8 60 5 5.4 -0.1
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 3.8 56 9 6.2 +0.7
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 3.7 69 -4 8.6 +3.1
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 3.7 12 53 5.6 0.0
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 3.7 30 35 8.5 +2.9
IWS iShares Russell Mid-Cap Value ETF 3.7 23 42 6.5 +0.9
VO Vanguard Mid-Cap ETF 3.7 4 61 5.9 +0.4
DIVL Madison Dividend Value ETF 3.5 65 0 5.7 +0.1
DIP BTD Capital Fund 3.4 129 -64 6.2 +0.7
CLOU Global X Cloud Computing ETF 3.4 68 -3 2.1 -3.5
ERTH Invesco MSCI Sustainable Future ETF 3.4 62 3 3.2 -2.3
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 3.3 60 5 8.4 +2.9
DVND Touchstone Dividend Select ETF 3.3 67 -2 6.0 +0.5
MAGA Point Bridge America First ETF 3.1 72 -7 6.4 +0.8
KONG Formidable Fortress ETF 3.0 89 -24 5.8 +0.3
JAVA JPMorgan Active Value ETF 3.0 44 21 6.1 +0.6
VOE Vanguard Mid-Cap Value ETF 3.0 7 58 7.3 +1.8
ULVM VictoryShares US Value Momentum ETF 3.0 20 45 7.5 +1.9
SCAP InfraCap Small Cap Income ETF 3.0 135 -70 8.0 +2.4
IMCV iShares Morningstar Mid-Cap Value ETF 3.0 6 59 8.1 +2.5
RSPE Invesco ESG S&P 500 Equal Weight ETF 2.8 20 45 6.1 +0.5
NULV Nuveen ESG Large-Cap Value ETF 2.8 26 39 6.9 +1.4
IWR iShares Russell Midcap ETF 2.8 19 46 5.6 +0.1
IMCB iShares Morningstar Mid-Cap ETF 2.8 4 61 6.2 +0.7
XMLV Invesco S&P MidCap Low Volatility ETF 2.8 25 40 6.6 +1.1
JHDV John Hancock U.S. High Dividend ETF 2.8 34 31 6.4 +0.9
PY Principal Value ETF 2.7 15 50 7.4 +1.8
FDVV Fidelity High Dividend ETF 2.7 15 50 9.0 +3.4
NUMV Nuveen ESG Mid-Cap Value ETF 2.7 31 34 7.0 +1.5
EVUS iShares ESG Aware MSCI USA Value ETF 2.7 18 47 6.6 +1.1
DEW WisdomTree Global High Dividend Fund 2.6 58 7 8.7 +3.1
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 2.6 79 -14 5.9 +0.3
CZA Invesco Zacks Mid-Cap ETF 2.6 72 -7 6.4 +0.8
DEMZ Democratic Large Cap Core ETF 2.6 45 20 4.3 -1.3
IMCG iShares Morningstar Mid-Cap Growth ETF 2.6 6 59 4.4 -1.1
EQAL Invesco Russell 1000 Equal Weight ETF 2.6 20 45 5.8 +0.3
OSCV Opus Small Cap Value ETF 2.5 79 -14 6.0 +0.4
FMDE Fidelity Enhanced Mid Cap ETF 2.5 23 42 6.3 +0.8
SIZE iShares MSCI USA Size Factor ETF 2.5 15 50 6.0 +0.4
EUSA iShares MSCI USA Equal Weighted ETF 2.4 9 56 6.0 +0.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 2.4 9 56 6.1 +0.5
PTL Inspire 500 ETF 2.4 9 56 5.8 +0.2
FLDZ RiverNorth Patriot ETF 2.3 75 -10 5.6 +0.1
RSP Invesco S&P 500 Equal Weight ETF 2.2 20 45 6.2 +0.7
USXF iShares ESG Advanced MSCI USA ETF 2.2 10 55 5.4 -0.2
DLN WisdomTree U.S. LargeCap Dividend Fund 2.2 28 37 6.1 +0.5
VNMC Natixis Vaughan Nelson Mid Cap ETF 2.1 85 -20 3.6 -2.0
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 2.1 27 38 7.5 +1.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.1 80 -15 6.2 +0.7
JGLO JPMorgan Global Select Equity ETF 2.1 33 32 4.5 -1.1
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 2.1 60 5 6.0 +0.4
CHGX AXS Change Finance ESG ETF 2.1 49 16 5.1 -0.5
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 2.1 10 55 5.5 -0.1
CVAR Cultivar ETF 2.0 87 -22 7.2 +1.6
TECB iShares U.S. Tech Breakthrough Multisector ETF 2.0 40 25 4.3 -1.3
CRUZ Defiance Hotel Airline and Cruise ETF 2.0 45 20 -5.1 -10.7
POWA Invesco Bloomberg Pricing Power ETF 2.0 40 25 5.6 +0.1
IJJ iShares S&P Mid-Cap 400 Value ETF 2.0 18 47 7.6 +2.0
SCHV Schwab U.S. Large-Cap Value ETF 1.9 4 61 6.6 +1.1
SNPV Xtrackers S&P 500 Value ESG ETF 1.9 15 50 6.6 +1.1
BMVP Invesco Bloomberg MVP Multi-factor ETF 1.9 29 36 8.3 +2.7
MDYV SPDR S&P 400 Mid Cap Value ETF 1.9 15 50 7.6 +2.1
STXD Strive 1000 Dividend Growth ETF 1.9 35 30 5.1 -0.4
NULC Nuveen ESG Large-Cap ETF 1.9 21 44 5.7 +0.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.9 15 50 7.7 +2.1
CVY Invesco Zacks Multi-Asset Income ETF 1.9 106 -41 11.4 +5.8
IVE iShares S&P 500 Value ETF 1.9 18 47 6.5 +1.0
IUSV iShares Core S&P US Value ETF 1.9 4 61 6.7 +1.2
SPYV SPDR Portfolio S&P 500 Value ETF 1.9 4 61 6.7 +1.1
DTD WisdomTree U.S. Total Dividend Fund 1.9 28 37 6.3 +0.8
IWD iShares Russell 1000 Value ETF 1.9 19 46 6.5 +0.9
VOOV Vanguard S&P 500 Value ETF 1.9 10 55 6.6 +1.0
CSMD Congress SMid Growth ETF 1.8 69 -4 4.1 -1.5
BLES Inspire Global Hope ETF 1.8 61 4 6.4 +0.8
YLDE ClearBridge Dividend Strategy ESG ETF 1.8 60 5 5.3 -0.2
SUSA iShares MSCI USA ESG Select ETF 1.8 25 40 5.3 -0.3
VEGN US Vegan Climate ETF 1.8 60 5 4.8 -0.7
VONV Vanguard Russell 1000 Value ETF 1.8 8 57 6.6 +1.0
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.8 55 10 4.2 -1.4
REVS Columbia Research Enhanced Value ETF 1.8 19 46 7.6 +2.1
MILN Global X Millennial Consumer ETF 1.8 50 15 3.1 -2.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.8 18 47 7.4 +1.9
SPHB Invesco S&P 500 High Beta ETF 1.8 25 40 4.0 -1.6
JEPI JPMorgan Equity Premium Income ETF 1.8 35 30 5.4 -0.2
XJH iShares ESG Screened S&P Mid-Cap ETF 1.8 12 53 6.6 +1.1
ABEQ Absolute Select Value ETF 1.7 85 -20 4.6 -1.0
MDLV Morgan Dempsey Large Cap Value ETF 1.7 58 7 8.2 +2.7
LRGE ClearBridge Large Cap Growth ESG ETF 1.7 59 6 3.7 -1.9
VBK Vanguard Small-Cap Growth ETF 1.7 7 58 1.4 -4.1
GURU Global X Guru Index ETF 1.7 75 -10 1.8 -3.8
FELV Fidelity Enhanced Large Cap Value ETF 1.7 18 47 6.5 +0.9
NUSC Nuveen ESG Small-Cap ETF 1.7 31 34 5.1 -0.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.7 15 50 6.9 +1.4
DHS WisdomTree U.S. High Dividend Fund 1.7 38 27 8.1 +2.5
PRAY FIS Christian Stock Fund 1.6 69 -4 6.0 +0.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.6 24 41 7.7 +2.2
DES WisdomTree U.S. SmallCap Dividend Fund 1.6 38 27 7.1 +1.6
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 1.6 30 35 8.0 +2.5
GBUY Goldman Sachs Future Consumer Equity ETF 1.6 75 -10 3.7 -1.9
ONEY SPDR Russell 1000 Yield Focus ETF 1.6 20 45 9.9 +4.3
ESGU iShares ESG Aware MSCI USA ETF 1.6 15 50 5.3 -0.3
IJH iShares Core S&P Mid-Cap ETF 1.6 5 60 6.6 +1.1
MDY SPDR S&P Midcap 400 ETF Trust 1.6 23 42 6.5 +0.9
JHMM John Hancock Multifactor Mid Cap ETF 1.6 42 23 6.5 +0.9
EQUL IQ Engender Equality ETF 1.5 45 20 6.8 +1.2
IVOO Vanguard S&P Mid-Cap 400 ETF 1.5 10 55 6.6 +1.1
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 1.5 3 62 6.7 +1.1
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 1.5 38 27 5.4 -0.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.5 7 58 5.6 +0.0
SPXT ProShares S&P 500 Ex-Technology ETF 1.5 9 56 5.6 +0.0
SSPY Syntax Stratified LargeCap ETF 1.5 30 35 6.6 +1.0
IQSU IQ Candriam U.S. Large Cap Equity ETF 1.5 9 56 4.9 -0.6
CACG ClearBridge All Cap Growth ESG ETF 1.5 54 11 3.6 -1.9
CGUS Capital Group Core Equity ETF 1.5 33 32 4.6 -0.9
DSI iShares MSCI KLD 400 Social ETF 1.5 25 40 5.3 -0.3
HAPY Harbor Human Capital Factor Unconstrained ETF 1.4 50 15 4.7 -0.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.4 29 36 6.8 +1.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.4 4 61 5.9 +0.4
SHE SPDR MSCI USA Gender Diversity ETF 1.4 20 45 5.0 -0.6
QLV FlexShares US Quality Low Volatility Index Fund 1.4 22 43 4.0 -1.6
GK AdvisorShares Gerber Kawasaki ETF 1.4 75 -10 3.5 -2.0
SPMV Invesco S&P 500 Minimum Variance ETF 1.4 10 55 5.6 +0.0
SUSL iShares ESG MSCI USA Leaders ETF 1.4 10 55 5.3 -0.2
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.4 15 50 6.9 +1.4
FDLO Fidelity Low Volatility Factor ETF 1.3 15 50 5.4 -0.2
SFYX SoFi Next 500 ETF 1.3 0 65 5.0 -0.5
JRNY ALPS Global Travel Beneficiaries ETF 1.3 65 0 -1.2 -6.8
RECS Columbia Research Enhanced Core ETF 1.3 15 50 5.6 +0.1
DON WisdomTree U.S. MidCap Dividend Fund 1.3 38 27 8.3 +2.7
STXV Strive 1000 Value ETF 1.3 18 47 7.7 +2.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.3 10 55 5.3 -0.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.3 15 50 6.2 +0.7
WOMN Impact Shares YWCA Women's Empowerment ETF 1.3 75 -10 4.9 -0.7
ESGV Vanguard ESG U.S. Stock ETF 1.3 9 56 5.1 -0.4
AFMC First Trust Active Factor Mid Cap ETF 1.3 65 0 7.2 +1.6
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.3 60 5 4.4 -1.2
NUMG Nuveen ESG Mid-Cap Growth ETF 1.2 31 34 3.9 -1.7
TMFC Motley Fool 100 Index ETF 1.2 50 15 3.9 -1.7
IJK iShares S&P Mid-Cap 400 Growth ETF 1.2 17 48 5.8 +0.2
VXF Vanguard Extended Market ETF 1.2 6 59 4.0 -1.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.2 39 26 8.5 +2.9
PRF Invesco FTSE RAFI US 1000 ETF 1.2 39 26 7.1 +1.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.2 15 50 5.8 +0.3
VUG Vanguard Growth ETF 1.2 4 61 4.3 -1.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.2 24 41 7.3 +1.8
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.2 15 50 5.8 +0.2
ISCG iShares Morningstar Small-Cap Growth ETF 1.2 6 59 2.4 -3.1
ILCV iShares Morningstar Value ETF 1.2 4 61 6.4 +0.9
VB Vanguard Small-Cap ETF 1.2 5 60 5.2 -0.4
VONE Vanguard Russell 1000 ETF 1.2 8 57 5.3 -0.3
VV Vanguard Large-Cap ETF 1.1 4 61 5.3 -0.3
XVV iShares ESG Screened S&P 500 ETF 1.1 8 57 5.1 -0.5
IWN iShares Russell 2000 Value ETF 1.1 24 41 5.1 -0.5
DTEC ALPS Disruptive Technologies ETF 1.1 50 15 3.2 -2.4
ISMD Inspire Small/Mid Cap ETF 1.1 54 11 5.6 +0.0
VTI Vanguard Total Stock Market ETF 1.1 3 62 5.1 -0.5
VTHR Vanguard Russell 3000 ETF 1.1 10 55 5.1 -0.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 53 4.8 -0.7
VTV Vanguard Value ETF 1.1 4 61 6.8 +1.2
SPXV ProShares S&P 500 Ex-Health Care ETF 1.1 9 56 5.0 -0.5
FDFF Fidelity Disruptive Finance ETF 1.1 50 15 4.6 -1.0
USCL iShares Climate Conscious & Transition MSCI USA ETF 1.1 8 57 5.2 -0.3
VOO Vanguard S&P 500 ETF 1.1 3 62 5.4 -0.2
SCHX Schwab U.S. Large-Cap ETF 1.1 3 62 5.3 -0.3
SCHK Schwab 1000 Index ETF 1.1 5 60 5.3 -0.3
SCHM Schwab U.S. Mid-Cap ETF 1.1 4 61 6.3 +0.7
IWB iShares Russell 1000 ETF 1.1 15 50 5.1 -0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 1.1 20 45 5.1 -0.5
SNPE Xtrackers S&P 500 ESG ETF 1.1 10 55 5.3 -0.3
IYY iShares Dow Jones U.S. ETF 1.1 20 45 5.0 -0.5
PBUS Invesco MSCI USA ETF 1.1 4 61 5.2 -0.3
ILCB iShares Morningstar U.S. Equity ETF 1.1 3 62 5.2 -0.3
RDIV Invesco S&P Ultra Dividend Revenue ETF 1.1 39 26 8.6 +3.1
USCA Xtrackers MSCI USA Climate Action Equity ETF 1.1 7 58 5.2 -0.3
SCHB Schwab U.S. Broad Market ETF 1.1 3 62 5.2 -0.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 1.1 20 45 5.0 -0.5
IWV iShares Russell 3000 ETF 1.1 20 45 5.0 -0.6
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 1.1 32 33 5.0 -0.5
PSC Principal U.S. Small-Cap ETF 1.1 38 27 6.1 +0.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 1.1 3 62 5.1 -0.5
SMDY Syntax Stratified MidCap ETF 1.1 35 30 5.6 +0.1
HUSV First Trust Horizon Managed Volatility Domestic ETF 1.1 70 -5 4.8 -0.7
JHML John Hancock Multifactor Large Cap ETF 1.1 29 36 5.6 +0.0
FYC First Trust Small Cap Growth AlphaDEX Fund 1.1 71 -6 1.0 -4.6
ROE Astoria US Quality Kings ETF 1.1 49 16 7.8 +2.2
VTWV Vanguard Russell 2000 Value ETF 1.0 15 50 5.0 -0.6
IVV iShares Core S&P 500 ETF 1.0 3 62 5.3 -0.3
STRV Strive 500 ETF 1.0 5 60 5.2 -0.4
SPY SPDR S&P 500 ETF Trust 1.0 9 56 5.2 -0.4
SPLG SPDR Portfolio S&P 500 ETF 1.0 2 63 5.3 -0.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 1.0 11 54 5.2 -0.4
BKLC BNY Mellon US Large Cap Core Equity ETF 1.0 0 65 5.3 -0.2
SDIV Global X Superdividend ETF 1.0 58 7 15.0 +9.5
EQWL Invesco S&P 100 Equal Weight ETF 1.0 25 40 6.7 +1.1
SPXE ProShares S&P 500 Ex-Energy ETF 1.0 9 56 5.1 -0.4
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 1.0 3 62 5.4 -0.2
FDMO Fidelity Momentum Factor ETF 1.0 15 50 4.3 -1.3
FUNL CornerCap Fundametrics Large-Cap ETF 1.0 50 15 7.0 +1.5
VOTE TCW Transform 500 ETF 1.0 5 60 5.2 -0.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 1.0 7 58 5.2 -0.4
FDWM Fidelity Women's Leadership ETF 1.0 59 6 5.0 -0.5
FNDA Schwab Fundamental US Small Co. Index ETF 1.0 25 40 6.2 +0.7
MGK Vanguard Mega Cap Growth ETF 1.0 7 58 4.4 -1.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 1.0 2 63 5.2 -0.3
ILCG iShares Morningstar Growth ETF 1.0 4 61 4.1 -1.4
STXG Strive 1000 Growth ETF 1.0 18 47 4.3 -1.2
RVRB Reverb ETF 1.0 30 35 5.0 -0.6
CATH Global X S&P 500 Catholic Values Custom ETF 1.0 29 36 5.1 -0.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.0 17 48 5.2 -0.4
ETHO Etho Climate Leadership U.S. ETF 0.9 47 18 3.5 -2.0
VLU SPDR S&P 1500 Value Tilt ETF 0.9 12 53 7.1 +1.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.9 12 53 4.9 -0.7
DIVB iShares Core Dividend ETF 0.9 5 60 7.8 +2.2
ISCB iShares Morningstar Small-Cap ETF 0.9 4 61 5.1 -0.5
AFLG First Trust Active Factor Large Cap ETF 0.9 55 10 6.2 +0.7
SMDV ProShares Russell 2000 Dividend Growers ETF 0.9 40 25 6.4 +0.8
SFY SoFi Select 500 ETF 0.9 0 65 4.8 -0.8
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 0.9 25 40 5.4 -0.1
IWX iShares Russell Top 200 Value ETF 0.9 20 45 6.4 +0.9
FTC First Trust Large Cap Growth AlphaDEX Fund 0.9 59 6 2.9 -2.7
XT iShares Exponential Technologies ETF 0.9 46 19 4.7 -0.9
JHSC John Hancock Multifactor Small Cap ETF 0.9 42 23 6.8 +1.3
RAFE PIMCO RAFI ESG U.S. ETF 0.8 29 36 7.2 +1.6
ACVF American Conservative Values ETF 0.8 75 -10 4.4 -1.1
STXK Strive Small-Cap ETF 0.8 18 47 5.0 -0.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.8 25 40 5.6 0.0
TOK iShares MSCI Kokusai ETF 0.8 26 39 5.2 -0.3
RFV Invesco S&P Midcap 400 Pure Value ETF 0.8 35 30 8.5 +3.0
IWM iShares Russell 2000 ETF 0.8 19 46 3.4 -2.2
RSSL Global X Russell 2000 ETF 0.8 8 57 3.0 -2.6
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.8 61 4 4.9 -0.7
PFM Invesco Dividend Achievers ETF 0.8 53 12 5.5 -0.1
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 61 5.1 -0.5
URTH iShares MSCI World ETF 0.8 24 41 5.4 -0.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.8 9 56 5.4 -0.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.8 25 40 7.0 +1.4
RNSC Furst Trust Small Cap US Equity Select ETF 0.8 60 5 7.0 +1.4
HAPI Harbor Human Capital Factor US Large Cap ETF 0.8 36 29 4.8 -0.8
FELC Fidelity Enhanced Large Cap Core ETF 0.8 18 47 5.6 +0.1
SMMD iShares Russell 2500 ETF 0.8 15 50 5.8 +0.2
VTWO Vanguard Russell 2000 ETF 0.8 10 55 3.3 -2.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.7 25 40 7.1 +1.5
XSLV Invesco S&P SmallCap Low Volatility ETF 0.7 25 40 6.7 +1.1
GINN Goldman Sachs Innovate Equity ETF 0.7 52 13 2.7 -2.8
VBR Vanguard Small Cap Value ETF 0.7 7 58 7.8 +2.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.7 64 1 2.2 -3.4
FLRG Fidelity U.S. Multifactor ETF 0.7 15 50 7.7 +2.1
FQAL Fidelity Quality Factor ETF 0.7 15 50 5.9 +0.4
USMF WisdomTree U.S. Multifactor Fund 0.7 28 37 7.6 +2.0
APUE ActivePassive U.S. Equity ETF 0.7 45 20 4.9 -0.6
ACWI iShares MSCI ACWI ETF 0.7 32 33 5.5 -0.1
FBCV Fidelity Blue Chip Value ETF 0.7 59 6 7.3 +1.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.7 52 13 5.6 +0.1
SNPG Xtrackers S&P 500 Growth ESG ETF 0.7 15 50 4.8 -0.7
IETC iShares U.S. Tech Independence Focused ETF 0.7 18 47 4.7 -0.9
SMOT VanEck Morningstar SMID Moat ETF 0.7 49 16 6.3 +0.7
FDRR Fidelity Dividend ETF for Rising Rates 0.7 15 50 7.7 +2.1
QDEF FlexShares Quality Dividend Defensive Index Fund 0.7 37 28 4.3 -1.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 45 5.3 -0.3
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.7 18 47 5.8 +0.3
WCEO Hypatia Women CEO ETF 0.7 85 -20 4.7 -0.8
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.7 60 5 6.9 +1.4
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.7 35 30 5.8 +0.3
VT Vanguard Total World Stock ETF 0.7 7 58 5.8 +0.2
SCHA Schwab U.S. Small-Cap ETF 0.7 4 61 4.5 -1.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.7 20 45 7.9 +2.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.7 42 23 5.2 -0.3
ISCV iShares Morningstar Small Cap Value ETF 0.6 6 59 7.6 +2.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.6 35 30 6.4 +0.9
ADME Aptus Drawdown Managed Equity ETF 0.6 79 -14 4.3 -1.3
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 6 6.0 +0.4
KOCG FIS Knights of Columbus Global Belief ETF 0.6 75 -10 5.4 -0.2
SPVU Invesco S&P 500 Enhanced Value ETF 0.6 13 52 9.4 +3.8
FSMD Fidelity Small-Mid Multifactor ETF 0.6 15 50 7.1 +1.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.6 29 36 6.1 +0.6
MGC Vanguard Mega Cap ETF 0.6 7 58 5.1 -0.4
SMLF iShares U.S. SmallCap Equity Factor ETF 0.6 15 50 5.4 -0.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.6 20 45 6.1 +0.5
IWL iShares Russell Top 200 ETF 0.6 15 50 5.0 -0.5
FTA First Trust Large Cap Value AlphaDEX Fund 0.6 59 6 8.4 +2.8
MVPS Amplify Thematic All-Stars ETF 0.6 49 16 3.1 -2.5
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 53 8.2 +2.7
VONG Vanguard Russell 1000 Growth ETF 0.6 8 57 5.0 -0.5
HDUS Hartford Disciplined US Equity ETF 0.6 19 46 6.2 +0.6
QVML Invesco S&P 500 QVM Multi-factor ETF 0.6 11 54 5.0 -0.5
FVAL Fidelity Value Factor ETF 0.6 15 50 7.3 +1.8
AFSM First Trust Active Factor Small Cap ETF 0.6 75 -10 6.7 +1.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.5 9 56 3.9 -1.7
DEUS Xtrackers Russell US Multifactor ETF 0.5 17 48 7.1 +1.5
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 4 5.8 +0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.5 12 53 4.8 -0.7
RPV Invesco S&P 500 Pure Value ETF 0.5 35 30 9.8 +4.3
PSCF Invesco S&P SmallCap Financials ETF 0.5 29 36 8.9 +3.4
NACP Impact Shares NAACP Minority Empowerment ETF 0.5 49 16 5.2 -0.4
FVD First Trust Value Line Dividend Index Fund 0.5 65 0 6.2 +0.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.5 25 40 7.5 +1.9
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.5 15 50 5.0 -0.6
KRMA Global X Conscious Companies ETF 0.5 43 22 5.9 +0.3
EPS WisdomTree U.S. LargeCap Fund 0.5 8 57 6.2 +0.7
VTWG Vanguard Russell 2000 Growth ETF 0.5 15 50 1.5 -4.1
IWO iShares Russell 2000 Growth ETF 0.5 24 41 1.4 -4.1
VOOG Vanguard S&P 500 Growth ETF 0.5 10 55 4.7 -0.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.5 39 26 4.3 -1.3
JQUA JPMorgan U.S. Quality Factor ETF 0.5 12 53 6.0 +0.4
RWK Invesco S&P MidCap 400 Revenue ETF 0.4 39 26 8.6 +3.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.4 14 51 5.2 -0.3
IUSG iShares Core S&P U.S. Growth ETF 0.4 4 61 4.8 -0.8
IWY iShares Russell Top 200 Growth ETF 0.4 20 45 5.1 -0.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.4 20 45 7.2 +1.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.4 9 56 5.7 +0.2
IVW iShares S&P 500 Growth ETF 0.4 18 47 4.6 -0.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 35 6.7 +1.2
SPYG SPDR Portfolio S&P 500 Growth ETF 0.4 4 61 4.8 -0.8
VSLU Applied Finance Valuation Large Cap ETF 0.4 49 16 5.7 +0.2
EZM WisdomTree U.S. MidCap Fund 0.4 38 27 7.8 +2.3
SCHG Schwab U.S. Large-Cap Growth ETF 0.4 4 61 4.5 -1.1
SIXL ETC 6 Meridian Low Beta Equity ETF 0.4 80 -15 4.6 -1.0
HLAL Wahed FTSE USA Shariah ETF 0.4 50 15 4.9 -0.7
IWF iShares Russell 1000 Growth ETF 0.4 19 46 4.9 -0.6
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.4 65 0 5.4 -0.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 44 4.0 -1.6
WLDR Affinity World Leaders Equity ETF 0.4 67 -2 8.4 +2.9
OALC OneAscent Large Cap Core ETF 0.4 86 -21 4.6 -1.0
WTV WisdomTree US Value Fund of Benef Interest 0.4 12 53 9.3 +3.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.4 67 -2 9.2 +3.7
IOO iShares Global 100 ETF 0.4 41 24 4.9 -0.7
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.4 35 30 5.0 -0.6
RWL Invesco S&P 500 Revenue ETF 0.3 39 26 6.8 +1.2
HKND Humankind US Stock ETF 0.3 11 54 7.1 +1.6
GSPY Gotham Enhanced 500 ETF 0.3 50 15 5.3 -0.2
QGRO American Century U.S. Quality Growth ETF 0.3 29 36 4.8 -0.7
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.3 50 15 7.7 +2.2
EGUS iShares ESG Aware MSCI USA Growth ETF 0.3 18 47 4.6 -1.0
FYT First Trust Small Cap Value AlphaDEX Fund 0.3 73 -8 9.9 +4.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.3 70 -5 2.2 -3.3
OEF iShares S&P 100 ETF 0.3 20 45 5.0 -0.6
HELX Franklin Genomic Advancements ETF 0.3 50 15 0.1 -5.5
QUS SPDR MSCI USA StrategicFactors ETF 0.3 15 50 5.9 +0.4
MGV Vanguard Mega Cap Value ETF 0.3 7 58 6.6 +1.1
EES WisdomTree U.S. SmallCap Fund 0.3 38 27 9.2 +3.7
IJT iShares S&P Small-Cap 600 Growth ETF 0.3 18 47 6.3 +0.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.3 15 50 6.4 +0.9
HLGE Hartford Longevity Economy ETF 0.3 44 21 6.1 +0.5
IEDI iShares U.S. Consumer Focused ETF 0.3 18 47 5.2 -0.4
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.3 38 27 6.7 +1.2
SLYG SPDR S&P 600 Small Cap Growth ETF 0.3 15 50 6.3 +0.7
ROUS Hartford Multifactor US Equity ETF 0.3 19 46 6.9 +1.4
NANC Unusual Whales Subversive Democratic Trading ETF 0.3 75 -10 3.9 -1.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 20 4.7 -0.8
GDEF Goldman Sachs Defensive Equity ETF 0.2 55 10 4.8 -0.7
FFLC Fidelity Fundamental Large Cap Core ETF 0.2 38 27 5.1 -0.5
DFSV Dimensional US Small Cap Value ETF 0.2 31 34 8.5 +2.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 56 5.7 +0.1
FMIL Fidelity New Millennium ETF 0.2 59 6 4.6 -0.9
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 -10 5.7 +0.1
ESIX SPDR S&P SmallCap 600 ESG ETF 0.2 12 53 7.6 +2.0
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 20 3.6 -2.0
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 37 7.9 +2.3
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 35 5.9 +0.3
XJR iShares ESG Screened S&P Small-Cap ETF 0.2 12 53 7.1 +1.6
FBCG Fidelity Blue Chip Growth ETF 0.2 59 6 2.8 -2.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.2 15 50 7.6 +2.1
VIOO Vanguard S&P Small-Cap 600 ETF 0.1 10 55 7.4 +1.8
IJR iShares Core S&P Small Cap ETF 0.1 6 59 7.4 +1.8
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.1 35 30 6.5 +0.9
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.1 42 23 6.4 +0.9
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.1 3 62 7.4 +1.8
IUS Invesco RAFI Strategic US ETF 0.1 19 46 7.2 +1.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 53 7.5 +1.9
SQEW LeaderShares Equity Skew ETF 0.1 81 -16 4.0 -1.6
PKW Invesco Buyback Achievers ETF 0.1 62 3 7.1 +1.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -10 4.3 -1.2
VFVA Vanguard U.S. Value Factor ETF 0.1 13 52 10.3 +4.7
ROSC Hartford Multifactor Small Cap ETF 0.1 34 31 8.5 +3.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 50 5.9 +0.3
FNX First Trust Mid Cap Core AlphaDEX Fund 0.1 60 5 6.9 +1.3
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 57 5.0 -0.5
VCR Vanguard Consumer Discretionary ETF 0.1 10 55 4.9 -0.7
DFAS Dimensional U.S. Small Cap ETF 0.1 26 39 5.7 +0.2
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 26 8.9 +3.3
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 37 6.1 +0.6
SSLY Syntax Stratified SmallCap ETF 0.1 40 25 7.0 +1.4
IYC iShares U.S. Consumer Discretionary ETF 0.1 40 25 3.9 -1.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 46 6.5 +1.0
GLOF iShares Global Equity Factor ETF 0.0 20 45 7.2 +1.7
VYM Vanguard High Dividend Yield Index ETF 0.0 6 59 7.1 +1.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 48 5.6 +0.0
GVLU Gotham 1000 Value ETF 0.0 50 15 7.6 +2.1
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 15 4.8 -0.7
DFUV Dimensional US Marketwide Value ETF 0.0 22 43 7.6 +2.0
DFAU Dimensional US Core Equity Market ETF 0.0 12 53 5.3 -0.2
DFUS Dimensional U.S. Equity ETF 0.0 9 56 5.1 -0.4
AVUS Avantis U.S. Equity ETF 0.0 15 50 5.9 +0.4

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%.

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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 Real Estate Active Opportunities ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.1 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 5.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.55 CATEGORY
AVERAGE		 1.58
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.