Themes Copper Miners ETF
ALTAR
Score™		 7.3% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 13.9x P/Sales
ratio		 0.7x
P/BV
ratio		 1.5x Div.
yield		 1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Themes Copper Miners ETF seeks to provide investors with exposure to companies that are engaged in the mining, production, and distribution of copper, capitalizing on the growing demand for the metal in various industries.

FUND BASICS
Category International Equities
Fund Sponsor Themes
Website themesetfs.com/etfs/COPA/
Inception date Sep 23, 2024
Assets (mns) $1
Currency USD
Expense ratio 35 bp
Distributions

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 40
Wgt avg mkt cap (mns) $23,654
Large cap (>$10bn) 38.6%
Mid cap ($2-10bn) 39.6%
Small cap (<$2bn) 20.4%
Developed mkts 87.0%
Emerging mkts 13.0%

TOP TEN HOLDINGS
FREEPORT-MCMORAN COPPER 9.8 %
JIUJIANG DEFU TECHNOLOGY CO LTD 5.4 %
FIRST QUANTUM MINERALS LTD 5.1 %
BHP BILLITON LTD 4.5 %
GLENCORE INTERNATIONAL PLC 4.3 %
CAPSTONE MINING CORP 4.2 %
SOUTHERN COPPER CORP 4.1 %
ANTOFAGASTA PLC 3.8 %
MINMETALS RESOURCES LTD 3.7 %
LUNDIN MINING CORP 3.7 %
Total 48.6 %

TOP COUNTRY EXPOSURE
CANADA 33.4 %
UNITED STATES 14.0 %
AUSTRALIA 10.1 %
CHINA 8.5 %
HONG KONG 5.1 %
BRITAIN 4.7 %
SWITZERLAND 4.3 %
GERMANY 2.8 %
JAPAN 2.6 %
PERU 2.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-6.9% -- -- -- -6.9%

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

Technical Indicators
Recent close $25.43
30d moving avg. $0.00
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI)

Liquidity measures
Avg. volume (thou.) 1
Turnover 3.3%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $1,856

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 453 potential alternatives to the Themes Copper Miners ETF ETF based on the alternatives' overlap in portfolio holdings with COPA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: COPA Expense: 35 bp ALTAR Score™: 7.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH COPA
Ticker Fund
Name		 Overlap1
vs COPA
(%)		 Expense
ratio
(bp)		 Savings
vs COPA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs COPA
(%)
COPX Global X Copper Miners ETF 62.6 65 -30 8.2 +0.9
ICOP iShares Copper and Metals Mining ETF 46.9 47 -12 10.1 +2.8
GMET VanEck Green Metals ETF 33.0 63 -28 10.7 +3.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 25.0 85 -50 8.6 +1.3
PICK iShares MSCI Global Metals & Mining Producers ETF 23.6 39 -4 12.8 +5.6
DMAT Global X Disruptive Materials ETF 23.3 59 -24 10.5 +3.2
SETM Sprott Energy Transition Materials ETF 17.4 65 -30 6.0 -1.3
COPJ Sprott Junior Copper Miners ETF 13.7 75 -40 17.2 +9.9
EV Mast Global Battery Recycling & Production ETF 12.1 65 -30 12.2 +4.9
GNR SPDR S&P Global Natural Resources ETF 12.1 40 -5 9.7 +2.4
MXI iShares Global Materials ETF 11.4 41 -6 7.0 -0.3
ION ProShares S&P Global Core Battery Metals ETF 11.0 58 -23 15.5 +8.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 11.0 46 -11 9.3 +2.1
FTRI First Trust Indxx Global Natural Resources Income ETF 9.8 70 -35 9.8 +2.5
EPU iShares MSCI Peru and Global Exposure ETF 9.2 59 -24 5.5 -1.8
IYM iShares U.S. Basic Materials ETF 8.8 40 -5 6.7 -0.6
BATT Amplify Lithium & Battery Technology ETF 8.4 59 -24 -0.1 -7.4
DFND Siren DIVCON Dividend Defender ETF 8.1 189 -154 6.4 -0.9
CCNR ALPS CoreCommodity Natural Resources ETF 8.0 39 -4 11.0 +3.8
NANR SPDR S&P North American Natural Resources ETF 7.8 35 0 7.4 +0.1
AGMI Themes Silver Miners ETF 7.2 35 0 4.5 -2.8
CGXU Capital Group International Focus Equity ETF 7.2 54 -19 4.9 -2.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 6.7 9 26 9.9 +2.6
BNE Blue Horizon BNE ETF 6.6 87 -52 4.6 -2.7
AFK VanEck Africa Index ETF 6.0 98 -63 9.1 +1.8
FTWO Strive FAANG 2.0 ETF 5.2 49 -14 4.7 -2.6
XME SPDR S&P Metals & Mining ETF 5.0 35 0 8.3 +1.0
XLB Materials Select Sector SPDR Fund 5.0 9 26 6.2 -1.1
FMAT Fidelity MSCI Materials Index ETF 4.7 8 27 6.4 -0.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 4.5 19 16 5.4 -1.9
FLAU Franklin FTSE Australia ETF 4.5 9 26 5.4 -1.8
SCHY Schwab International Dividend Equity ETF 4.5 14 21 9.3 +2.1
DVYA iShares Asia/Pacific Dividend ETF 4.5 49 -14 9.0 +1.7
EPP iShares MSCI Pacific ex-Japan ETF 4.5 47 -12 4.9 -2.4
EWA iShares MSCI Australia ETF 4.5 50 -15 4.9 -2.4
CCSO Carbon Collective Climate Solutions US Equity ETF 4.4 35 0 1.9 -5.4
VAW Vanguard Materials ETF 4.4 10 25 6.3 -1.0
SILJ ETFMG Prime Junior Silver Miners ETF 4.1 69 -34 1.5 -5.7
FIDI Fidelity International High Dividend ETF 4.1 18 17 10.9 +3.6
HAP VanEck Natural Resources ETF 3.9 50 -15 10.0 +2.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.8 65 -30 12.8 +5.5
RSPM Invesco S&P 500 Equal Weight Materials ETF 3.6 40 -5 7.9 +0.6
FXZ First Trust Materials AlphaDEX Fund 3.5 61 -26 11.3 +4.0
GDXJ VanEck Junior Gold Miners ETF 3.2 52 -17 4.5 -2.8
IDV iShares International Select Dividend ETF 3.1 51 -16 12.2 +5.0
FLGB Franklin FTSE United Kingdom ETF 2.8 9 26 7.9 +0.6
IQDF FlexShares International Quality Dividend Index Fund 2.6 47 -12 12.9 +5.6
IQDE FlexShares International Quality Dividend Defensive Index ET 2.6 47 -12 14.8 +7.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.6 85 -50 3.5 -3.8
TTAI FCF International Quality ETF 2.5 59 -24 5.6 -1.7
FPAG FPA Global Equity ETF 2.4 49 -14 5.4 -1.9
EWU iShares MSCI United Kingdom ETF 2.4 50 -15 8.4 +1.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 2.4 47 -12 9.4 +2.1
EFV iShares MSCI EAFE Value ETF 2.4 34 1 9.4 +2.2
SIL Global X Silver Miners ETF 2.4 65 -30 2.2 -5.1
AADR AdvisorShares Dorsey Wright ADR ETF 2.3 110 -75 5.6 -1.7
IGE iShares North American Natural Resources ETF 2.3 41 -6 6.1 -1.1
BBCA JPMorgan BetaBuilders Canada ETF 2.3 19 16 6.6 -0.7
FIVA Fidelity International Value Factor ETF 2.3 18 17 10.2 +3.0
IQIN IQ 500 International ETF 2.2 25 10 9.2 +1.9
FNDF Schwab Fundamental International Large Co. Index ETF 2.1 25 10 9.9 +2.6
FKU First Trust United Kingdom AlphaDEX Fund 2.1 80 -45 8.5 +1.3
ILF iShares Latin America 40 ETF 2.1 48 -13 10.4 +3.2
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 -15 12.8 +5.5
EWC iShares MSCI Canada ETF 2.1 50 -15 6.5 -0.8
BRAZ Global X Brazil Active ETF 2.1 75 -40 10.1 +2.8
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 2.0 65 -30 1.6 -5.6
IPAC iShares Core MSCI Pacific ETF 2.0 9 26 7.2 -0.1
DINT Davis Select International ETF 2.0 55 -20 6.0 -1.3
DWLD Davis Select Worldwide ETF 2.0 63 -28 6.7 -0.6
FICS First Trust International Developed Capital Strength ETF 1.9 70 -35 5.3 -2.0
BIBL Inspire 100 ETF 1.9 35 0 5.1 -2.2
VWID Virtus WMC International Dividend ETF 1.9 49 -14 9.6 +2.3
JHID John Hancock International High Dividend ETF 1.9 46 -11 11.3 +4.1
DUSA Davis Select U.S. Equity ETF 1.9 61 -26 7.1 -0.2
AVIV Avantis International Large Cap Value ETF 1.9 25 10 9.0 +1.7
URA Global X Uranium ETF 1.9 69 -34 2.4 -4.9
FCA First Trust China AlphaDEX Fund 1.8 80 -45 16.2 +8.9
QVAL Alpha Architect US Quantitative Value ETF 1.8 39 -4 10.4 +3.1
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 1.8 60 -25 5.2 -2.1
IVLU iShares MSCI Intl Value Factor ETF 1.8 30 5 11.4 +4.2
IQLT iShares MSCI Intl Quality Factor ETF 1.7 30 5 6.2 -1.1
VPL Vanguard FTSE Pacific ETF 1.7 8 27 7.7 +0.4
CID VictoryShares International High Div Volatility Wtd ETF 1.7 45 -10 11.9 +4.6
UMMA Wahed Dow Jones Islamic World ETF 1.7 65 -30 4.6 -2.7
SCHC Schwab International Small-Cap Equity ETF 1.7 11 24 6.6 -0.7
SAGP Strategas Global Policy Opportunities ETF 1.7 65 -30 5.3 -2.0
LIVR Intelligent Livermore ETF 1.6 69 -34 6.0 -1.3
DIVI Franklin International Core Dividend Tilt Index ETF 1.6 9 26 8.1 +0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 1.6 45 -10 8.9 +1.7
VIDI Vident International Equity Strategy ETF 1.6 61 -26 10.2 +2.9
CRTC Xtrackers US National Critical Technologies ETF 1.6 35 0 5.1 -2.2
DISV Dimensional International Small Cap Value ETF 1.5 42 -7 9.1 +1.9
VYMI Vanguard International High Dividend Yield ETF 1.5 22 13 9.8 +2.5
EWD iShares MSCI Sweden ETF 1.5 54 -19 6.6 -0.7
STXI Strive International Developed Markets ETF 1.5 29 6 6.9 -0.4
GDX VanEck Gold Miners ETF 1.5 51 -16 4.5 -2.8
IVRA Invesco Real Assets ESG ETF 1.3 59 -24 5.4 -1.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.3 35 0 6.6 -0.7
ARGT Global X MSCI Argentina ETF 1.3 59 -24 5.4 -1.9
AVDV Avantis International Small Cap Value ETF 1.3 36 -1 8.1 +0.9
RING iShares MSCI Global Gold Miners ETF 1.3 39 -4 5.6 -1.7
PTL Inspire 500 ETF 1.3 9 26 5.6 -1.7
SLVP iShares MSCI Global Silver Miners ETF 1.3 39 -4 3.2 -4.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.3 30 5 7.3 -0.0
PWB Invesco Large Cap Growth ETF 1.3 56 -21 3.2 -4.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.2 36 -1 6.6 -0.7
IDEV iShares Core MSCI International Developed Markets ETF 1.2 4 31 7.1 -0.2
LIMI Themes Lithium & Battery Metal Miners ETF 1.2 35 0 4.7 -2.6
BKIE BNY Mellon International Equity ETF 1.2 4 31 7.1 -0.2
FLCA Franklin FTSE Canada ETF 1.2 9 26 6.8 -0.5
EFA iShares MSCI EAFE ETF 1.2 35 0 6.9 -0.4
GSID Goldman Sachs MarketBeta International Equity ETF 1.2 20 15 7.0 -0.3
SCHF Schwab International Equity ETF 1.2 6 29 7.5 +0.2
HFXI IQ FTSE International Equity Currency Neutral ETF 1.2 20 15 7.1 -0.2
FMIL Fidelity New Millennium ETF 1.2 59 -24 4.8 -2.5
JHMD John Hancock Multifactor Developed International ETF 1.2 39 -4 7.8 +0.5
VEA Vanguard FTSE Developed Markets ETF 1.2 5 30 7.3 +0.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.1 7 28 6.7 -0.6
SPDW SPDR Portfolio Developed World ex-US ETF 1.1 3 32 7.2 -0.1
BTHM BlackRock Future U.S. Themes ETF 1.1 60 -25 4.2 -3.0
IEFA iShares Core MSCI EAFE ETF 1.1 7 28 7.1 -0.1
EMM Global X Emerging Markets ex-China ETF 1.1 75 -40 4.2 -3.0
INTF iShares International Equity Factor ETF 1.1 15 20 8.2 +0.9
OAIM OneAscent International Equity ETF 1.1 95 -60 5.1 -2.2
JPIN J.P. Morgan Diversified Return International Equity ETF 1.1 37 -2 8.9 +1.6
PEXL Pacer US Export Leaders ETF 1.0 60 -25 5.7 -1.6
VRAI Virtus Real Asset Income ETF 1.0 55 -20 8.0 +0.7
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 -33 4.8 -2.5
NTZG Nuveen Global Net Zero Transition ETF 1.0 56 -21 4.7 -2.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.0 41 -6 7.4 +0.1
RFDI First Trust Riverfront Dynamic Developed International ETF 1.0 83 -48 10.0 +2.7
RODE Hartford Multifactor Diversified International ETF 1.0 29 6 11.8 +4.5
JIRE JPMorgan International Research Enhanced Equity ETF 1.0 24 11 7.1 -0.2
YLDE ClearBridge Dividend Strategy ESG ETF 1.0 60 -25 4.9 -2.4
ACWX iShares MSCI ACWI ex U.S. ETF 1.0 34 1 7.0 -0.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.0 80 -45 10.8 +3.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.0 12 23 5.9 -1.4
AVDE Avantis International Equity ETF 1.0 23 12 8.1 +0.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.9 39 -4 7.4 +0.2
WWJD Inspire International ETF 0.9 80 -45 7.3 0.0
FYLD Cambria Foreign Shareholder Yield ETF 0.9 59 -24 13.6 +6.3
DFAI Dimensional International Core Equity Market ETF 0.9 18 17 7.3 +0.0
BLES Inspire Global Hope ETF 0.9 61 -26 6.4 -0.8
EQRR ProShares Equities for Rising Rates ETF 0.9 35 0 7.8 +0.5
CWI SPDR MSCI ACWI ex-US ETF 0.9 30 5 6.9 -0.3
DIHP Dimensional International High Profitability ETF 0.9 29 6 7.6 +0.4
FFLC Fidelity Fundamental Large Cap Core ETF 0.9 38 -3 4.8 -2.5
DFIV Dimensional International Value ETF 0.9 27 8 10.0 +2.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.9 39 -4 7.5 +0.3
ECNS iShares MSCI China Small-Cap ETF 0.9 59 -24 14.2 +6.9
NUDM Nuveen ESG International Developed Markets Equity ETF 0.9 31 4 6.7 -0.6
IXUS iShares Core MSCI Total International Stock ETF 0.9 7 28 7.2 -0.1
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.9 60 -25 7.7 +0.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.9 18 17 7.0 -0.3
CGV Conductor Global Equity Value ETF 0.9 130 -95 10.9 +3.6
PRAY FIS Christian Stock Fund 0.9 69 -34 5.9 -1.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.8 29 6 8.6 +1.3
RBLD First Trust Alerian US NextGen Infrastructure ETF 0.8 65 -30 4.7 -2.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.8 8 27 7.3 -0.0
CGDV Capital Group Dividend Value ETF 0.8 33 2 5.6 -1.7
SPHB Invesco S&P 500 High Beta ETF 0.8 25 10 3.5 -3.8
DARP Grizzle Growth ETF 0.8 75 -40 3.3 -4.0
GVLU Gotham 1000 Value ETF 0.8 50 -15 7.4 +0.2
EMC Global X Emerging Markets Great Consumer ETF 0.8 75 -40 4.5 -2.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.8 25 10 7.2 -0.1
DFIC Dimensional International Core Equity 2 ETF 0.8 23 12 7.7 +0.4
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -40 5.0 -2.3
UIVM VictoryShares International Value Momentum ETF 0.8 35 0 11.0 +3.7
FLEE Franklin FTSE Europe ETF 0.7 9 26 7.2 -0.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.7 58 -23 6.5 -0.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -30 8.2 +0.9
ISCF iShares International SmallCap Equity Factor ETF 0.7 23 12 9.1 +1.8
VXUS Vanguard Total International Stock ETF 0.7 7 28 7.2 -0.1
HAPI Harbor Human Capital Factor US Large Cap ETF 0.7 36 -1 4.6 -2.7
BBEU JPMorgan BetaBuilders Europe ETF 0.7 9 26 7.1 -0.2
AVSD Avantis Responsible International Equity ETF 0.7 23 12 7.1 -0.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.7 46 -11 6.5 -0.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.7 45 -10 -0.6 -7.8
DGT SPDR Global Dow ETF 0.6 50 -15 6.8 -0.5
TPIF Timothy Plan International ETF 0.6 62 -27 6.8 -0.5
VGK Vanguard FTSE Europe ETF 0.6 11 24 7.1 -0.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.6 18 17 7.2 -0.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 5 8.0 +0.7
DWMF WisdomTree International Multifactor Fund 0.6 38 -3 7.4 +0.2
RFFC ALPS Active Equity Opportunity ETF 0.6 48 -13 4.5 -2.8
IEV iShares Europe ETF 0.6 67 -32 6.6 -0.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.6 20 15 6.9 -0.4
DFIS Dimensional International Small Cap ETF 0.6 39 -4 6.9 -0.4
FEP First Trust Europe AlphaDEX Fund 0.6 80 -45 7.8 +0.5
MCH Matthews China Active ETF 0.6 79 -44 5.4 -1.9
IEUR iShares Core MSCI Europe ETF 0.6 11 24 7.1 -0.2
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 15 6.4 -0.9
SPEU SPDR Portfolio Europe ETF 0.6 7 28 7.1 -0.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 -14 7.0 -0.3
CIL VictoryShares International Volatility Wtd ETF 0.5 45 -10 7.0 -0.3
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.5 24 11 9.2 +1.9
GWX SPDR S&P International Small Cap ETF 0.5 40 -5 6.5 -0.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 15 5.2 -2.1
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.5 51 -16 7.1 -0.2
JAVA JPMorgan Active Value ETF 0.5 44 -9 5.7 -1.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.5 65 -30 4.3 -3.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.5 9 26 5.2 -2.1
WCEO Hypatia Women CEO ETF 0.5 85 -50 4.2 -3.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 15 6.3 -1.0
CGUS Capital Group Core Equity ETF 0.5 33 2 4.4 -2.9
QINT American Century Quality Diversified International ETF 0.5 39 -4 7.7 +0.4
IOO iShares Global 100 ETF 0.5 41 -6 4.8 -2.5
MEM Matthews Emerging Markets Equity Active ETF 0.5 79 -44 5.4 -1.9
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 10 6.2 -1.0
TOK iShares MSCI Kokusai ETF 0.5 26 9 5.0 -2.3
FENI Fidelity Enhanced International ETF 0.4 28 7 8.1 +0.8
IMTM iShares MSCI Intl Momentum Factor ETF 0.4 30 5 6.3 -1.0
URTH iShares MSCI World ETF 0.4 24 11 5.2 -2.1
DFLV Dimensional US Large Cap Value ETF 0.4 22 13 7.4 +0.1
QWLD SPDR MSCI World StrategicFactors ETF 0.4 30 5 5.9 -1.3
GLBL Pacer MSCI World Industry Advantage ETF 0.4 65 -30 4.7 -2.6
EQLT iShares MSCI Emerging Markets Quality Factor ETF 0.4 35 0 7.4 +0.1
SGDJ Sprott Junior Gold Miners ETF 0.4 50 -15 5.6 -1.6
GOEX Global X Gold Explorers ETF 0.4 65 -30 4.4 -2.9
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 0.4 60 -25 4.8 -2.5
AUMI Themes Gold Miners ETF 0.4 35 0 10.4 +3.1
DFUV Dimensional US Marketwide Value ETF 0.4 22 13 7.2 -0.1
ACWI iShares MSCI ACWI ETF 0.4 32 3 5.3 -2.0
VFVA Vanguard U.S. Value Factor ETF 0.4 13 22 10.0 +2.7
VT Vanguard Total World Stock ETF 0.4 7 28 5.5 -1.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 -5 6.6 -0.7
FDEV Fidelity International Multifactor ETF 0.4 18 17 7.8 +0.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.4 58 -23 7.8 +0.5
IWX iShares Russell Top 200 Value ETF 0.4 20 15 6.0 -1.3
ESGD iShares ESG Aware MSCI EAFE ETF 0.4 20 15 6.9 -0.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.4 30 5 8.1 +0.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 -4 7.2 -0.1
DFJ WisdomTree Japan SmallCap Dividend Fund 0.4 58 -23 7.9 +0.6
AVEM Avantis Emerging Markets Equity ETF 0.4 33 2 8.9 +1.6
MGV Vanguard Mega Cap Value ETF 0.4 7 28 6.4 -0.9
ADME Aptus Drawdown Managed Equity ETF 0.4 79 -44 4.0 -3.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 11 8.7 +1.4
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.3 25 10 7.2 -0.1
SGDM Sprott Gold Miners ETF 0.3 50 -15 5.4 -1.9
DFSI Dimensional International Sustainability Core 1 ETF 0.3 24 11 6.5 -0.8
FLHK Franklin FTSE Hong Kong ETF 0.3 9 26 6.8 -0.5
AVES Avantis Emerging Markets Value ETF 0.3 36 -1 11.6 +4.3
GLOF iShares Global Equity Factor ETF 0.3 20 15 7.0 -0.3
RVRB Reverb ETF 0.3 30 5 4.7 -2.6
FDRR Fidelity Dividend ETF for Rising Rates 0.3 15 20 7.4 +0.1
VTV Vanguard Value ETF 0.3 4 31 6.6 -0.7
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 31 6.4 -0.9
ILCV iShares Morningstar Value ETF 0.3 4 31 6.2 -1.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.3 9 26 4.9 -2.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 23 4.8 -2.5
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 -7 6.4 -0.9
XCNY SPDR S&P Emerging Markets ex-China ETF 0.3 15 20 6.3 -1.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 23 6.2 -1.1
CGGO Capital Group Global Growth Equity ETF 0.3 47 -12 4.6 -2.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.3 58 -23 9.2 +2.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.2 25 10 6.6 -0.6
NACP Impact Shares NAACP Minority Empowerment ETF 0.2 49 -14 5.0 -2.3
SSPY Syntax Stratified LargeCap ETF 0.2 30 5 6.3 -1.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 26 5.4 -1.9
IWD iShares Russell 1000 Value ETF 0.2 19 16 6.1 -1.2
VONV Vanguard Russell 1000 Value ETF 0.2 8 27 6.3 -1.0
VSGX Vanguard ESG International Stock ETF 0.2 12 23 6.8 -0.5
BFOR ALPS Barron's 400 ETF 0.2 65 -30 5.6 -1.7
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.2 52 -17 5.1 -2.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 -23 5.0 -2.2
SNPG Xtrackers S&P 500 Growth ESG ETF 0.2 15 20 4.7 -2.6
SNPV Xtrackers S&P 500 Value ESG ETF 0.2 15 20 6.4 -0.9
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 23 4.5 -2.8
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 23 5.8 -1.5
QDF FlexShares Quality Dividend Index Fund 0.2 37 -2 4.2 -3.1
SCJ iShares MSCI Japan Small-Cap ETF 0.2 50 -15 7.0 -0.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 10 6.0 -1.3
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 25 5.4 -1.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 -10 11.0 +3.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.2 14 21 6.2 -1.1
ACVF American Conservative Values ETF 0.2 75 -40 4.2 -3.1
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 26 5.3 -2.0
DFVX Dimensional US Large Cap Vector ETF 0.2 22 13 6.1 -1.2
DMXF iShares ESG Advanced MSCI EAFE ETF 0.2 12 23 5.5 -1.7
AVUS Avantis U.S. Equity ETF 0.2 15 20 5.6 -1.7
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.2 65 -30 6.2 -1.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 -10 4.7 -2.6
STXE Strive Emerging Markets Ex-China ETF 0.2 32 3 7.0 -0.3
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.2 80 -45 9.1 +1.8
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 15 6.1 -1.2
SNPE Xtrackers S&P 500 ESG ETF 0.2 10 25 5.1 -2.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 28 5.0 -2.3
QDEF FlexShares Quality Dividend Defensive Index Fund 0.2 37 -2 3.9 -3.4
IWC iShares Micro-Cap ETF 0.2 60 -25 -4.9 -12.2
JHML John Hancock Multifactor Large Cap ETF 0.2 29 6 5.3 -2.0
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 -40 5.4 -1.9
SPEM SPDR Portfolio Emerging Markets ETF 0.2 7 28 7.3 +0.0
EMXC iShares MSCI Emerging Markets ex China ETF 0.2 25 10 6.7 -0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 15 4.9 -2.4
JGRO JPMorgan Active Growth ETF 0.2 44 -9 3.5 -3.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.2 30 5 7.3 +0.0
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 0 5.1 -2.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 0 5.6 -1.7
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 -5 5.6 -1.7
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.2 32 3 4.8 -2.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 26 5.8 -1.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.2 9 26 5.1 -2.2
EPS WisdomTree U.S. LargeCap Fund 0.2 8 27 5.9 -1.4
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.2 8 27 5.0 -2.3
IWL iShares Russell Top 200 ETF 0.2 15 20 4.7 -2.6
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 1 5.9 -1.4
EWUS iShares MSCI United Kingdom Small Cap ETF 0.2 59 -24 5.8 -1.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.2 66 -31 10.0 +2.7
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 26 4.7 -2.6
APUE ActivePassive U.S. Equity ETF 0.2 45 -10 4.8 -2.5
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 22 2.1 -5.2
DOL WisdomTree International LargeCap Dividend Fund 0.2 48 -13 7.9 +0.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 33 5.0 -2.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 28 4.9 -2.4
VOTE TCW Transform 500 ETF 0.2 5 30 4.9 -2.4
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 26 5.7 -1.6
STXG Strive 1000 Growth ETF 0.2 18 17 4.1 -3.2
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -4 6.8 -0.5
EEM iShares MSCI Emerging Markets ETF 0.2 69 -34 6.9 -0.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 10 6.8 -0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 23 4.5 -2.8
DWM WisdomTree International Equity Fund 0.2 48 -13 8.0 +0.7
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 9 26 4.9 -2.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.2 33 2 8.2 +1.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.2 65 -30 7.9 +0.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 35 5.0 -2.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 24 4.9 -2.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 10 6.8 -0.5
MGC Vanguard Mega Cap ETF 0.1 7 28 4.8 -2.5
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 26 7.5 +0.2
IVE iShares S&P 500 Value ETF 0.1 18 17 6.3 -1.0
VOOV Vanguard S&P 500 Value ETF 0.1 10 25 6.3 -0.9
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 31 6.4 -0.9
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 24 4.8 -2.5
IQSI IQ Candriam International Equity ETF 0.1 15 20 6.6 -0.7
RAYC Rayliant Quantamental China Equity ETF 0.1 80 -45 8.6 +1.3
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.1 80 -45 12.3 +5.0
IUSV iShares Core S&P US Value ETF 0.1 4 31 6.4 -0.9
XVV iShares ESG Screened S&P 500 ETF 0.1 8 27 4.9 -2.4
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 32 4.9 -2.3
RWL Invesco S&P 500 Revenue ETF 0.1 39 -4 6.7 -0.6
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 -23 8.8 +1.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 6 4.9 -2.4
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 25 5.3 -2.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -23 10.2 +2.9
DFUS Dimensional U.S. Equity ETF 0.1 9 26 4.9 -2.4
IWB iShares Russell 1000 ETF 0.1 15 20 4.8 -2.4
VONE Vanguard Russell 1000 ETF 0.1 8 27 4.9 -2.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 15 4.8 -2.5
SCHX Schwab U.S. Large-Cap ETF 0.1 3 32 5.0 -2.3
IWV iShares Russell 3000 ETF 0.1 20 15 4.7 -2.6
IVV iShares Core S&P 500 ETF 0.1 3 32 5.0 -2.3
VOO Vanguard S&P 500 ETF 0.1 3 32 5.0 -2.3
VV Vanguard Large-Cap ETF 0.1 4 31 4.9 -2.4
SCHK Schwab 1000 Index ETF 0.1 5 30 5.0 -2.3
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 33 5.0 -2.3
SPY SPDR S&P 500 ETF Trust 0.1 9 26 5.0 -2.3
VTHR Vanguard Russell 3000 ETF 0.1 10 25 4.7 -2.6
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 -14 5.6 -1.7
IUS Invesco RAFI Strategic US ETF 0.1 19 16 6.8 -0.5
STRV Strive 500 ETF 0.1 5 30 4.9 -2.4
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 20 5.9 -1.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 -5 7.9 +0.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 10 5.2 -2.1
PBUS Invesco MSCI USA ETF 0.1 4 31 5.0 -2.3
SIZE iShares MSCI USA Size Factor ETF 0.1 15 20 5.6 -1.7
SCHB Schwab U.S. Broad Market ETF 0.1 3 32 4.9 -2.4
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 32 5.1 -2.2
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -7 4.5 -2.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 15 6.8 -0.5
IYY iShares Dow Jones U.S. ETF 0.1 20 15 4.8 -2.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 6 6.4 -0.9
VTI Vanguard Total Stock Market ETF 0.1 3 32 4.7 -2.5
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 10 7.1 -0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 32 4.8 -2.5
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -20 5.8 -1.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.1 20 15 6.5 -0.8
IVW iShares S&P 500 Growth ETF 0.1 18 17 4.5 -2.8
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 31 4.6 -2.7
SFY SoFi Select 500 ETF 0.1 0 35 4.5 -2.8
VOOG Vanguard S&P 500 Growth ETF 0.1 10 25 4.6 -2.7
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -35 7.7 +0.4
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 31 4.7 -2.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 18 5.3 -2.0
GXC SPDR S&P China ETF 0.1 59 -24 8.3 +1.1
GDEF Goldman Sachs Defensive Equity ETF 0.1 55 -20 4.7 -2.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 -7 8.1 +0.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.1 58 -23 6.4 -0.9
DFAU Dimensional US Core Equity Market ETF 0.1 12 23 5.0 -2.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -7 5.1 -2.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 -6 7.4 +0.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 -3 7.8 +0.5
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 23 6.7 -0.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.1 59 -24 5.6 -1.7
EMGF iShares Emerging Markets Equity Factor ETF 0.1 25 10 8.5 +1.2
DFEV Dimensional Emerging Markets Value ETF 0.1 43 -8 11.1 +3.8
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 21 5.0 -2.3
IQDG WisdomTree International Quality Dividend Growth Fund 0.1 42 -7 6.8 -0.5
DCOR Dimensional US Core Equity 1 ETF 0.1 14 21 5.3 -2.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -40 4.3 -3.0
MCHI iShares MSCI China ETF 0.1 59 -24 8.4 +1.1
DIM WisdomTree International MidCap Dividend Fund 0.1 58 -23 7.7 +0.4
DXJ WisdomTree Japan Hedged Equity Fund 0.1 48 -13 8.5 +1.2
FLJH Franklin FTSE Japan Hedged ETF 0.1 9 26 7.7 +0.4
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 18 6.9 -0.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 6 4.3 -3.0
IWO iShares Russell 2000 Growth ETF 0.1 24 11 0.6 -6.7
VTWG Vanguard Russell 2000 Growth ETF 0.1 15 20 0.7 -6.6
EFG iShares MSCI EAFE Growth ETF 0.1 36 -1 4.5 -2.8
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 15 6.3 -0.9
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -24 2.8 -4.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.1 32 3 6.0 -1.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 26 3.3 -3.9
FLJP Franklin FTSE Japan ETF 0.1 9 26 7.8 +0.5
VYM Vanguard High Dividend Yield Index ETF 0.0 6 29 6.8 -0.5
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 20 5.7 -1.5
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 0 7.3 +0.0
FLCH Franklin FTSE China ETF 0.0 19 16 8.8 +1.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 16 6.2 -1.1
SQEW LeaderShares Equity Skew ETF 0.0 81 -46 3.9 -3.4
GSPY Gotham Enhanced 500 ETF 0.0 50 -15 5.2 -2.1
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 23 4.5 -2.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -24 11.3 +4.0
DEM WisdomTree Emerging Markets High Dividend Fund 0.0 63 -28 18.9 +11.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 -10 6.5 -0.7
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -15 4.9 -2.4
CCMG CCM Global Equity ETF 0.0 34 1 7.6 +0.3
BKF iShares MSCI BIC ETF 0.0 69 -34 6.9 -0.4
IWY iShares Russell Top 200 Growth ETF 0.0 20 15 4.6 -2.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.0 35 0 12.4 +5.1
DIVB iShares Core Dividend ETF 0.0 5 30 7.5 +0.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 20 4.7 -2.6
VFMF Vanguard U.S. Multifactor ETF 0.0 18 17 8.5 +1.2
IWF iShares Russell 1000 Growth ETF 0.0 19 16 4.5 -2.8
VONG Vanguard Russell 1000 Growth ETF 0.0 8 27 4.6 -2.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 24 8.4 +1.1
RSSL Global X Russell 2000 ETF 0.0 8 27 2.6 -4.7
IWM iShares Russell 2000 ETF 0.0 19 16 2.8 -4.5
VTWO Vanguard Russell 2000 ETF 0.0 10 25 2.9 -4.4
DUHP Dimensional US High Profitability ETF 0.0 21 14 6.5 -0.8
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 16 6.9 -0.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 -1 7.8 +0.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.0 20 15 4.6 -2.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.0 70 -35 6.2 -1.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.0 49 -14 6.5 -0.8
ISCG iShares Morningstar Small-Cap Growth ETF 0.0 6 29 2.3 -5.0
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 27 6.9 -0.4
ISCB iShares Morningstar Small-Cap ETF 0.0 4 31 4.8 -2.5
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 29 7.2 -0.1
APIE ActivePassive International Equity ETF 0.0 45 -10 8.1 +0.8
VXF Vanguard Extended Market ETF 0.0 6 29 3.5 -3.8
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 17 5.4 -1.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  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:		 Themes Copper Miners 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 9.9 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 7.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.60
 
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.