VanEck Vectors Oil Refiners ETF
ALTAR
Score™		 7.1% info Recommen-
dation		 SPECULATIVE
2021E    2022E
P/E
ratio		 19.2x P/Sales
ratio		 0.3x
P/BV
ratio		 1.1x Div.
yield		 3.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The VanEck Vectors Oil Refiners ETF tracks an index of global stocks issued by firms that earn at least 50% of their revenue from oil refining. The index is market-cap-weighted.

FUND BASICS
Category US Equities
Fund Sponsor Van Eck
Website www.vaneck.com
Inception date Aug 18, 2015
Assets (mns) $19
Currency USD
Expense ratio 60 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $28,594
Large cap (>$10bn) 55.2%
Mid cap ($2-10bn) 42.3%
Small cap (<$2bn) 2.5%
Developed mkts 59.1%
Emerging mkts 41.0%

TOP TEN HOLDINGS
PHILLIPS 66 7.5 %
RELIANCE INDS-SPONS GDR 144A 7.2 %
MARATHON PETROLEUM 6.8 %
SK ENERGY CO LTD 6.6 %
NESTE OIL OYJ 6.5 %
JX HOLDINGS INC 5.6 %
VALERO ENERGY CORP 5.6 %
FORMOSA PETROCHEMICAL CORP 4.7 %
POLSKI KONCERN NAFTOWY SA 4.6 %
OMV AG 4.6 %
Total 59.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 26.3 %
SOUTH KOREA 12.6 %
JAPAN 11.8 %
INDIA 7.2 %
FINLAND 6.5 %
POLAND 6.1 %
TAIWAN 4.7 %
AUSTRIA 4.6 %
THAILAND 4.5 %
PORTUGAL 4.4 %

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.
9.1% 60.5% 9.6% -- 10.5%

Market Correlations
versus... Beta R-squared
S&P500 1.45 68%
MSCI EAFE 1.58 80%
MSCI Emg. Mkts. 1.20 58%

Technical Indicators
Recent close $26.89
30d moving avg. $27.70
Annualized volatility 32.3%
Short interest (ETF) 0.2%
Short interest (Underlying) 0.9%
Relative strength (RSI) 40

Liquidity measures
Avg. volume (thou.) 10
Turnover 1.4%
Bid/Ask (% of price) 0.51%
ADV underlying (mns) $1,799

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 426 potential alternatives to the VanEck Vectors Oil Refiners ETF ETF based on the alternatives' overlap in portfolio holdings with CRAK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CRAK Expense: 60 bp ALTAR Score™: 7.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CRAK
Ticker Fund
Name		 Overlap1
vs CRAK
(%)		 Expense
ratio
(bp)		 Savings
vs CRAK
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs CRAK
(%)
IEO iShares U.S. Oil & Gas Exploration & Production ETF 21.1 42 18 3.7 -3.4
RYE Invesco S&P 500 Equal Weight Energy ETF 17.2 40 20 3.4 -3.8
PXE Invesco Dynamic Energy Exploration & Production ETF 17.0 63 -3 1.8 -5.3
JHME John Hancock Multifactor Energy ETF 16.1 40 20 3.4 -3.7
XOP SPDR S&P Oil & Gas Exploration & Production ETF 13.6 35 25 2.3 -4.8
XLE Energy Select Sector SPDR Fund 12.5 12 48 4.1 -3.1
FILL iShares MSCI Global Energy Producers ETF 10.9 39 21 5.7 -1.4
IYE iShares U.S. Energy ETF 10.5 42 18 3.7 -3.4
FENY Fidelity MSCI Energy Index ETF 10.3 8 52 3.8 -3.3
VDE Vanguard Energy Index Fund 10.2 10 50 3.7 -3.4
FXN First Trust Energy AlphaDEX Fund 9.7 64 -4 2.9 -4.2
IXC iShares Global Energy ETF 9.0 46 14 5.3 -1.8
HJEN Direxion Hydrogen ETF 8.5 45 15 -0.2 -7.3
FTXN First Trust Nasdaq Oil & Gas ETF 7.8 60 0 1.0 -6.1
RDIV Invesco S&P Ultra Dividend Revenue ETF 7.7 39 21 8.0 +0.9
EQRR ProShares Equities for Rising Rates ETF 7.3 35 25 5.7 -1.5
EFNL iShares MSCI Finland Capped ETF 6.5 53 7 4.7 -2.4
IGE iShares North American Natural Resources ETF 6.5 46 14 3.9 -3.2
NVQ QRAFT AI-Enhanced US Next Value ETF 6.4 75 -15 7.6 +0.5
EPOL iShares MSCI Poland Capped ETF 6.1 59 1 8.0 +0.9
RPV Invesco S&P 500 Pure Value ETF 5.5 35 25 8.6 +1.5
SPYD SPDR S&P 500 High Dividend ETF 5.2 7 53 7.8 +0.7
EWO iShares MSCI Austria ETF 4.6 51 9 7.8 +0.7
EFAS Global X MSCI SuperDividend EAFE ETF 4.4 56 4 7.5 +0.4
PGAL Global X FTSE Portugal 20 ETF 4.4 58 2 6.3 -0.8
GNR SPDR S&P Global Natural Resources ETF 4.3 40 20 5.7 -1.4
PXI Invesco DWA Energy Momentum ETF 3.8 60 0 -0.7 -7.8
DMDV AAM S&P Developed Markets High Dividend Value ETF 3.8 39 21 8.7 +1.5
SPHB Invesco S&P 500 High Beta ETF 3.7 25 35 4.8 -2.3
SDEI Sound Equity Income ETF 3.7 45 15 8.3 +1.2
ALTL Pacer Lunt Large Cap Alternator ETF 3.7 60 0 4.6 -2.5
HAP VanEck Vectors Natural Resources ETF 3.6 50 10 5.0 -2.1
SPVU Invesco S&P 500 Enhanced Value ETF 3.5 13 47 8.4 +1.3
ESGS Columbia Sustainable U.S. Equity Income ETF 3.3 35 25 7.2 +0.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 3.2 49 11 8.8 +1.7
VRAI Virtus Real Asset Income ETF 3.2 55 5 6.5 -0.6
DVY iShares Select Dividend ETF 3.0 39 21 7.3 +0.2
ONEY SPDR Russell 1000 Yield Focus ETF 2.9 20 40 6.1 -1.0
AMZA InfraCap MLP ETF 2.8 201 -141 4.2 -2.9
GXF Global X FTSE Nordic Region ETF 2.8 56 4 7.3 +0.2
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 2.8 30 30 7.4 +0.3
BICK First Trust BICK Index Fund 2.7 64 -4 3.8 -3.4
FDD First Trust Stoxx European Select Dividend Index Fund 2.6 58 2 8.2 +1.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 2.6 65 -5 9.6 +2.5
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 2.5 103 -43 0.8 -6.3
SYV SPDR MFS Systematic Value Equity ETF 2.4 60 0 6.1 -1.0
MAGA Point Bridge GOP Stock Tracker ETF 2.3 72 -12 5.0 -2.1
GVAL Cambria Global Value ETF 2.1 65 -5 8.5 +1.4
ESGN Columbia Sustainable International Equity Income ETF 2.1 45 15 8.5 +1.4
EWY iShares MSCI South Korea ETF 2.1 59 1 6.1 -1.0
XCEM Columbia EM Core ex-China ETF 2.1 16 44 5.9 -1.2
IMCV iShares Morningstar Mid-Cap Value ETF 2.1 6 54 5.9 -1.2
FLKR Franklin FTSE South Korea ETF 2.0 9 51 6.6 -0.5
SPDV AAM S&P 500 High Dividend Value ETF 2.0 29 31 8.0 +0.8
VOE Vanguard Mid-Cap Value Index Fund 1.9 7 53 6.0 -1.2
SYLD Cambria Shareholder Yield ETF 1.9 59 1 6.8 -0.3
PEY Invesco High Yield Equity Dividend Achievers ETF 1.9 52 8 7.1 -0.0
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.9 67 -7 16.1 +9.0
DIM WisdomTree International MidCap Dividend Fund 1.9 58 2 6.6 -0.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.9 58 2 4.9 -2.2
THD iShares MSCI Thailand ETF 1.9 59 1 6.3 -0.8
DOO WisdomTree International Dividend ex-Financials Fund 1.8 58 2 7.3 +0.2
TUR iShares MSCI Turkey ETF 1.8 59 1 17.3 +10.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.7 32 28 5.5 -1.6
SDOG ALPS Sector Dividend Dogs ETF 1.7 40 20 7.7 +0.6
IUS Invesco Strategic US ETF 1.7 19 41 5.1 -2.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 1.6 58 2 6.0 -1.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 1.6 25 35 5.4 -1.7
LYFE 2nd Vote Life Neutral Plus ETF 1.6 75 -15 5.6 -1.5
DVYA iShares Asia/Pacific Dividend ETF 1.6 49 11 10.7 +3.6
JPIN JPMorgan Diversified Return International Equity ETF 1.6 37 23 6.9 -0.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.5 30 30 4.9 -2.2
RWL Invesco S&P 500 Revenue ETF 1.5 39 21 5.7 -1.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.5 49 11 6.2 -1.0
EGIS 2nd Vote Society Defended ETF 1.5 75 -15 5.7 -1.5
NUDM Nuveen ESG International Developed Markets Equity ETF 1.5 40 20 5.6 -1.6
DFAI Dimensional International Core Equity Market ETF 1.5 18 42 6.0 -1.1
SHE SPDR SSGA Gender Diversity Index ETF 1.5 20 40 3.9 -3.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 1.5 25 35 5.4 -1.8
UIVM VictoryShares USAA MSCI International Value Momentum ETF 1.4 35 25 7.6 +0.5
DXJ WisdomTree Japan Hedged Equity Fund 1.4 48 12 7.4 +0.3
NULV Nuveen ESG Large-Cap Value ETF 1.4 35 25 5.9 -1.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 1.4 80 -20 5.5 -1.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 59 1 10.5 +3.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.3 66 -6 6.1 -1.0
VLU SPDR S&P 1500 Value Tilt ETF 1.3 12 48 5.7 -1.4
ACTV LeaderShares Activist Leaders ETF 1.2 75 -15 5.9 -1.2
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.2 80 -20 7.2 +0.1
SPEM SPDR Portfolio Emerging Markets ETF 1.2 11 49 6.8 -0.3
IQIN IQ 500 International ETF 1.2 25 35 7.0 -0.1
FEM First Trust Emerging Markets AlphaDEX Fund 1.2 80 -20 10.8 +3.7
FNDF Schwab Fundamental International Large Co. Index ETF 1.2 25 35 7.4 +0.3
GDVD Principal Active Global Dividend Income ETF 1.2 58 2 0.0 -7.1
ROAM Hartford Multifactor Emerging Markets ETF 1.1 44 16 10.1 +3.0
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.1 65 -5 2.4 -4.7
ENZL iShares MSCI New Zealand Capped ETF 1.1 51 9 2.7 -4.4
IDV iShares International Select Dividend ETF 1.1 49 11 9.2 +2.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.1 39 21 5.3 -1.8
PSCE Invesco S&P SmallCap Energy ETF 1.1 29 31 0.7 -6.5
FTLB First Trust Hedged BuyWrite Income ETF 1.1 85 -25 5.3 -1.8
FTHI First Trust High Income ETF 1.1 85 -25 5.3 -1.8
IMCB iShares Morningstar Mid-Cap ETF 1.1 4 56 4.5 -2.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.1 4 56 4.6 -2.6
AVEM Avantis Emerging Markets Equity ETF 1.1 33 27 7.8 +0.7
IQDG WisdomTree International Quality Dividend Growth Fund 1.1 42 18 6.0 -1.2
DBLV AdvisorShares DoubleLine Value Equity ETF 1.1 91 -31 5.5 -1.7
RNSC Small Cap US Equity Select ETF 1.1 60 0 5.2 -1.9
PRF Invesco FTSE RAFI US 1000 ETF 1.0 39 21 5.6 -1.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.0 58 2 5.8 -1.3
BNE Blue Horizon BNE ETF 1.0 87 -27 2.7 -4.4
IDLV Invesco S&P International Developed Low Volatility ETF 1.0 25 35 5.7 -1.5
SCHD Schwab U.S. Dividend Equity ETF 1.0 6 54 6.9 -0.2
VO Vanguard Mid-Cap Index Fund 1.0 4 56 4.3 -2.8
ESGE iShares ESG Aware MSCI EM ETF 1.0 25 35 6.7 -0.4
BLES Inspire Global Hope Large Cap ETF 1.0 52 8 4.9 -2.3
RBIN Nationwide Risk-Based International Equity ETF 1.0 42 18 5.5 -1.6
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.9 23 37 6.0 -1.1
RVRS Reverse Cap Weighted U.S. Large Cap ETF 0.9 29 31 5.2 -2.0
SLT Pacer Salt High truBeta US Market ETF 0.9 60 0 2.7 -4.4
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.9 25 35 6.2 -0.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.9 25 35 6.4 -0.7
IMFL Invesco International Developed Dynamic Multifactor ETF 0.9 34 26 8.1 +1.0
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 0.9 61 -1 4.3 -2.8
TPHD Timothy Plan High Dividend Stock ETF 0.9 52 8 5.2 -1.9
ESGD iShares MSCI EAFE ESG Optimized ETF 0.9 20 40 5.9 -1.2
DTH WisdomTree International High Dividend Fund 0.9 58 2 8.1 +1.0
RFEU First Trust Riverfront Dynamic Europe ETF 0.9 83 -23 4.7 -2.4
FEUZ First Trust Eurozone AlphaDEX ETF 0.9 80 -20 6.2 -0.9
LDEM iShares ESG MSCI EM Leaders ETF 0.9 16 44 6.5 -0.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.9 20 40 4.8 -2.3
HDV iShares Core High Dividend ETF 0.8 8 52 6.0 -1.1
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.8 16 44 7.4 +0.3
EWJV iShares MSCI Japan Value ETF 0.8 15 45 8.3 +1.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.8 39 21 12.2 +5.1
VYM Vanguard High Dividend Yield Index ETF 0.8 6 54 6.5 -0.6
NULC Nuveen ESG Large-Cap ETF 0.8 20 40 4.4 -2.7
IQLT iShares Edge MSCI Intl Quality Factor ETF 0.8 30 30 5.1 -2.1
DWM WisdomTree International Equity Fund 0.8 48 12 6.7 -0.4
EWJE iShares MSCI Japan Equal Weighted ETF 0.7 15 45 6.1 -1.0
DIVB iShares U.S. Dividend & Buyback ETF 0.7 25 35 5.6 -1.5
EMXC iShares MSCI Emerging Markets ex China ETF 0.7 25 35 6.6 -0.5
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.7 40 20 6.9 -0.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.7 39 21 5.6 -1.5
IQDE FlexShares International Quality Dividend Defensive Index ET 0.7 47 13 10.3 +3.2
CWI SPDR MSCI ACWI ex-US ETF 0.7 30 30 6.0 -1.2
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 0.7 45 15 12.3 +5.2
GRES IQ Global Resources ETF 0.7 78 -18 5.6 -1.5
EZU iShares MSCI Eurozone ETF 0.7 51 9 5.3 -1.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.7 30 30 7.5 +0.4
RSP Invesco S&P 500 Equal Weight ETF 0.7 20 40 5.0 -2.1
EURZ Xtrackers Eurozone Equity ETF 0.7 9 51 5.8 -1.4
RFDI First Trust Riverfront Dynamic Developed International ETF 0.7 83 -23 5.0 -2.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.7 20 40 5.8 -1.3
ISZE iShares Edge MSCI Intl Size Factor ETF 0.7 30 30 5.8 -1.3
WWJD Inspire International ESG ETF 0.7 80 -20 5.3 -1.9
GBDV Global Beta Smart Income ETF 0.7 29 31 7.8 +0.7
JHEM John Hancock Multifactor Emerging Markets ETF 0.6 49 11 6.9 -0.2
EWT iShares MSCI Taiwan ETF 0.6 59 1 5.0 -2.1
FEP First Trust Europe AlphaDEX Fund 0.6 80 -20 6.5 -0.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.6 45 15 6.9 -0.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.6 47 13 5.5 -1.6
VOOV Vanguard S&P 500 Value ETF 0.6 10 50 5.9 -1.2
IVE iShares S&P 500 Value ETF 0.6 18 42 5.8 -1.3
SPYV SPDR Portfolio S&P 500 Value ETF 0.6 4 56 5.9 -1.2
VTV Vanguard Value Index Fund 0.6 4 56 6.2 -0.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.6 14 46 5.7 -1.5
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.6 35 25 9.1 +2.0
PQIN PGIM QMA Strategic Alpha International Equity ETF 0.6 29 31 6.7 -0.4
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 0.6 45 15 8.1 +1.0
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 0.6 16 44 5.8 -1.4
DFAE Dimensional Emerging Core Equity Market ETF 0.6 35 25 6.9 -0.2
FLTW Franklin FTSE Taiwan ETF 0.6 19 41 5.3 -1.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 51 4.8 -2.3
IWS iShares Russell Mid-Cap Value ETF 0.6 24 36 5.3 -1.8
IUSV iShares Core S&P U.S. Value ETF 0.6 4 56 6.0 -1.2
IDMO Invesco S&P International Developed Momentum ETF 0.6 25 35 3.3 -3.8
SIZE iShares MSCI USA Size Factor ETF 0.6 15 45 4.8 -2.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.6 19 41 5.0 -2.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.6 10 50 4.7 -2.4
SUSL iShares ESG MSCI USA Leaders ETF 0.5 10 50 4.7 -2.4
IGRO iShares International Dividend Growth ETF 0.5 15 45 6.6 -0.5
VFVA Vanguard U.S. Value Factor ETF 0.5 14 46 8.1 +0.9
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 33 7.2 +0.1
PSC Principal U.S. Small Cap Index ETF 0.5 38 22 4.3 -2.8
AVDV Avantis International Small Cap Value ETF 0.5 36 24 6.3 -0.8
IDHQ Invesco S&P International Developed Quality ETF 0.5 29 31 4.9 -2.2
VONV Vanguard Russell 1000 Value Index Fund 0.5 8 52 11.6 +4.5
IWD iShares Russell 1000 Value ETF 0.5 19 41 5.6 -1.5
JPXN iShares JPX-Nikkei 400 ETF 0.5 48 12 6.1 -1.1
ZJPN SPDR Solactive Japan ETF 0.5 14 46 6.4 -0.7
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 0.5 9 51 6.5 -0.6
QEFA SPDR MSCI EAFE Quality Mix ETF 0.5 30 30 5.7 -1.4
PXH Invesco FTSE RAFI Emerging Markets ETF 0.5 50 10 12.6 +5.5
DSI iShares MSCI KLD 400 Social ETF 0.5 25 35 4.4 -2.7
IWX iShares Russell Top 200 Value ETF 0.5 20 40 5.8 -1.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 51 5.1 -2.0
RNDV US Equity Dividend Select ETF 0.5 50 10 6.8 -0.3
SCHV Schwab U.S. Large-Cap Value ETF 0.5 4 56 5.8 -1.3
GCOW Pacer Global High Dividend ETF 0.5 60 0 9.5 +2.4
IQSI IQ Candriam ESG International Equity ETF 0.5 15 45 6.0 -1.1
JMIN JPMorgan U.S. Minimum Volatility ETF 0.5 12 48 5.3 -1.9
QUS SPDR MSCI USA StrategicFactors ETF 0.5 15 45 5.1 -2.0
HFXI IQ 50 Percent Hedged FTSE International ETF 0.5 20 40 6.2 -1.0
ILCV iShares Morningstar Value ETF 0.5 4 56 5.8 -1.3
EEMA iShares MSCI Emerging Markets Asia ETF 0.5 50 10 6.4 -0.7
HLAL Wahed FTSE USA Shariah ETF 0.5 50 10 4.0 -3.1
EUSA iShares MSCI USA Equal Weighted ETF 0.5 15 45 4.9 -2.2
DOL WisdomTree International LargeCap Dividend Fund 0.5 48 12 6.7 -0.4
RODE Hartford Multifactor Diversified International ETF 0.5 29 31 9.4 +2.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.5 58 2 8.2 +1.1
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 0.5 15 45 5.6 -1.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.5 25 35 5.8 -1.4
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.5 7 53 6.2 -1.0
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 30 30 8.9 +1.8
FLJH Franklin FTSE Japan Hedged ETF 0.4 9 51 6.6 -0.5
DFJ WisdomTree Japan SmallCap Dividend Fund 0.4 58 2 8.0 +0.9
RNLC Large Cap US Equity Select ETF 0.4 60 0 5.0 -2.1
TPIF Timothy Plan International ETF 0.4 62 -2 5.6 -1.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.4 35 25 6.3 -0.8
EWJ iShares MSCI Japan ETF 0.4 51 9 5.9 -1.2
EMFM Global X MSCI Next Emerging & Frontier ETF 0.4 70 -10 7.1 0.0
BBJP JPMorgan BetaBuilders Japan ETF 0.4 19 41 3.0 -4.1
FLJP Franklin FTSE Japan ETF 0.4 9 51 6.4 -0.7
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.4 46 14 6.1 -1.0
EEM iShares MSCI Emerging Markets ETF 0.4 70 -10 6.1 -1.1
QWLD SPDR MSCI World StrategicFactors ETF 0.4 30 30 5.2 -1.9
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.4 30 30 3.7 -3.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 4 56 5.8 -1.3
SCHF Schwab International Equity ETF 0.4 6 54 6.2 -1.0
EFV iShares MSCI EAFE Value ETF 0.4 39 21 7.8 +0.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.4 18 42 6.8 -0.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 40 5.9 -1.2
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 27 33 4.7 -2.4
IEMG iShares Core MSCI Emerging Markets ETF 0.4 11 49 6.7 -0.4
FLEH Franklin FTSE Europe Hedged ETF 0.4 9 51 6.1 -1.1
FLEE Franklin FTSE Europe ETF 0.4 9 51 6.0 -1.2
NUEM Nuveen ESG Emerging Markets Equity ETF 0.4 45 15 5.8 -1.3
IQSU IQ Candriam ESG US Equity ETF 0.4 9 51 4.5 -2.6
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 54 5.8 -1.3
IVLU iShares Edge MSCI Intl Value Factor ETF 0.4 30 30 9.4 +2.3
CEZ VictoryShares Emerging Market Volatility Wtd ETF 0.4 50 10 9.8 +2.7
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.4 35 25 5.7 -1.4
JHML John Hancock Multifactor Large Cap ETF 0.4 29 31 4.6 -2.5
IWR iShares Russell Midcap ETF 0.4 19 41 4.4 -2.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 8 52 6.4 -0.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.4 41 19 6.0 -1.1
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.4 24 36 6.5 -0.6
RNDM First Trust Developed International Equity Select ETF 0.4 65 -5 5.3 -1.9
JVAL JPMorgan U.S. Value Factor ETF 0.4 12 48 6.5 -0.6
IEV iShares Europe ETF 0.4 59 1 5.7 -1.5
AVUS Avantis U.S. Equity ETF 0.4 15 45 4.8 -2.3
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 0.4 20 40 0.0 -7.1
JHMD John Hancock Multifactor Developed International ETF 0.4 39 21 6.0 -1.1
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 32 28 6.1 -1.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.4 70 -10 5.7 -1.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.4 19 41 6.5 -0.7
VPL Vanguard FTSE Pacific ETF 0.4 8 52 6.2 -0.9
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.4 46 14 5.7 -1.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 24 5.9 -1.2
SPEU SPDR Portfolio Europe ETF 0.4 9 51 6.0 -1.1
FLAU Franklin FTSE Australia ETF 0.4 9 51 5.5 -1.6
JEMA JPMorgan Emerging Markets Equity Core ETF 0.3 39 21 5.8 -1.4
FDT First Trust Developed Markets ex-US Alphadex Fund 0.3 80 -20 7.0 -0.1
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 51 3.0 -4.1
ACVF American Conservative Values ETF 0.3 75 -15 4.1 -3.1
EEMO Invesco S&P Emerging Markets Momentum ETF 0.3 31 29 3.6 -3.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.3 27 33 4.2 -2.9
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 27 33 4.2 -2.9
DEW WisdomTree Global High Dividend Fund 0.3 58 2 8.1 +1.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.3 36 24 6.9 -0.2
VYMI Vanguard International High Dividend Yield ETF 0.3 27 33 8.6 +1.5
EFA iShares MSCI EAFE ETF 0.3 32 28 5.9 -1.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.3 20 40 4.5 -2.6
ESGU iShares MSCI USA ESG Optimized ETF 0.3 15 45 4.4 -2.7
XVV iShares ESG Screened S&P 500 ETF 0.3 8 52 4.7 -2.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 21 6.6 -0.5
BKIE BNY Mellon International Equity ETF 0.3 4 56 6.3 -0.8
PBP Invesco S&P 500 BuyWrite ETF 0.3 49 11 4.4 -2.7
IXUS ishares Core MSCI Total International Stock ETF 0.3 9 51 6.2 -0.9
IPAC iShares Core MSCI Pacific ETF 0.3 9 51 6.1 -1.0
IEUR iShares Core MSCI Europe ETF 0.3 9 51 6.0 -1.1
DFAU Dimensional US Core Equity Market ETF 0.3 12 48 4.6 -2.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 31 4.3 -2.8
ACWI iShares MSCI ACWI ETF 0.3 32 28 4.9 -2.2
FRDM Freedom 100 Emerging Markets ETF 0.3 49 11 5.3 -1.9
EFG iShares MSCI EAFE Growth ETF 0.3 40 20 3.7 -3.4
URTH iShares MSCI World ETF 0.3 24 36 4.8 -2.3
FDLO Fidelity Low Volatility Factor ETF 0.3 29 31 4.3 -2.8
FDRR Fidelity Dividend ETF for Rising Rates 0.3 29 31 6.2 -1.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 0.3 15 45 0.0 -7.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.3 59 1 10.2 +3.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 40 4.6 -2.6
XYLG Global X S&P 500 Covered Call & Growth ETF 0.3 60 0 4.3 -2.8
IEFA iShares Core MSCI EAFE ETF 0.3 7 53 6.1 -1.0
QINT American Century Quality Diversified International ETF 0.3 39 21 6.2 -0.9
VOO VANGUARD S&P 500 ETF 0.3 3 57 4.7 -2.5
SPY SPDR S&P 500 ETF Trust 0.3 9 51 4.6 -2.5
IVV iShares Core S&P 500 ETF 0.3 3 57 4.6 -2.5
SPLG SPDR Portfolio Large Cap ETF 0.3 3 57 4.7 -2.5
AVDE Avantis International Equity ETF 0.3 23 37 6.4 -0.7
IDEV iShares Core MSCI International Developed Markets ETF 0.3 5 55 6.0 -1.1
VEA Vanguard FTSE Developed Markets ETF 0.3 5 55 6.1 -1.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 51 4.8 -2.3
RNMC Mid Cap US Equity Select ETF 0.3 60 0 5.3 -1.8
VT Vanguard Total World Stock ETF 0.3 8 52 5.2 -1.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.3 25 35 4.7 -2.4
CIL VictoryShares International Volatility Weighted Index ETF 0.3 45 15 5.9 -1.2
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.3 45 15 5.9 -1.2
VGK Vanguard FTSE Europe ETF 0.3 8 52 6.1 -1.1
TPLC Timothy Plan US Large Cap Core ETF 0.3 52 8 4.3 -2.8
SPTM SPDR Portfolio Total Stock Market ETF 0.3 3 57 4.7 -2.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 53 4.5 -2.6
VV Vanguard Large-Cap Index Fund 0.3 4 56 4.5 -2.6
SCHX Schwab U.S. Large-Cap ETF 0.3 3 57 4.5 -2.6
MGV Vanguard Mega Cap Value ETF 0.3 7 53 6.2 -0.9
TOK iShares MSCI Kokusai ETF 0.3 25 35 4.7 -2.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 58 4.6 -2.6
VONE Vanguard Russell 1000 ETF 0.3 8 52 4.5 -2.6
VBR Vanguard Small Cap Value Index Fund 0.3 7 53 5.9 -1.2
PBUS Invesco PureBeta MSCI USA ETF 0.3 4 56 4.5 -2.6
IWB iShares Russell 1000 ETF 0.3 15 45 4.4 -2.7
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 0.3 20 40 6.7 -0.4
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.3 32 28 7.9 +0.8
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 57 4.4 -2.7
IYY iShares Dow Jones U.S. ETF 0.3 20 40 4.3 -2.8
IWV iShares Russell 3000 ETF 0.3 20 40 4.2 -2.9
VTHR Vanguard Russell 3000 Index Fund 0.3 10 50 4.3 -2.8
VTI Vanguard Total Stock Market Index Fund 0.3 3 57 4.3 -2.8
JPEM J.P. Morgan Diversified Return Emerging Markets Equity ETF 0.3 44 16 7.7 +0.5
QUAL iShares MSCI Usa Quality Factor ETF 0.3 15 45 4.8 -2.3
SCHB Schwab U.S. Broad Market ETF 0.3 3 57 4.4 -2.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 57 4.3 -2.8
SCHK Schwab 1000 Index ETF 0.2 5 55 4.4 -2.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.2 47 13 8.7 +1.6
SLYV SPDR S&P 600 Small Cap Value ETF 0.2 15 45 6.1 -1.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 71 -11 7.3 +0.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.2 15 45 6.1 -1.1
IJS iShares S&P Small-cap 600 Value ETF 0.2 18 42 6.0 -1.1
PDEV Principal International Multi-Factor Core Index ETF 0.2 25 35 6.6 -0.6
AFLG First Trust Active Factor Large Cap ETF 0.2 55 5 4.6 -2.6
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 0.2 19 41 2.7 -4.4
ESG FlexShares STOXX US ESG Impact Index Fund 0.2 32 28 4.5 -2.6
RNEM First Trust Emerging Markets Equity Select ETF 0.2 75 -15 9.8 +2.7
IWL iShares Russell Top 200 ETF 0.2 15 45 4.4 -2.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.2 30 30 5.2 -1.9
VXUS Vanguard Total International Stock ETF 0.2 8 52 6.3 -0.8
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 35 5.6 -1.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 11 4.4 -2.7
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 35 6.2 -0.9
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 40 5.3 -1.8
ISCB iShares Morningstar Small-Cap ETF 0.2 4 56 3.8 -3.3
PFM Invesco Dividend Achievers ETF 0.2 53 7 5.0 -2.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 36 5.4 -1.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.2 25 35 6.5 -0.7
IQDF FlexShares International Quality Dividend Index Fund 0.2 47 13 7.9 +0.8
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.2 20 40 5.9 -1.3
IWN iShares Russell 2000 Value ETF 0.2 24 36 4.6 -2.5
VTWV Vanguard Russell 2000 Value Index Fund 0.2 15 45 4.9 -2.2
SSLY Syntax Stratified SmallCap ETF 0.2 30 30 4.7 -2.5
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.2 6 54 3.9 -3.2
SCHE Schwab Emerging Markets Equity ETF 0.2 11 49 7.3 +0.2
NUSC Nuveen ESG Small-Cap ETF 0.2 40 20 3.6 -3.5
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 56 4.5 -2.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 51 4.8 -2.3
PID Invesco International Dividend Achievers ETF 0.2 53 7 8.0 +0.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 53 3.8 -3.3
REVS Columbia Research Enhanced Value ETF 0.2 19 41 6.4 -0.7
VB Vanguard Small-Cap ETF 0.2 5 55 4.3 -2.9
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.1 17 43 3.9 -3.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 51 3.3 -3.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -20 8.3 +1.2
SFY SoFi Select 500 ETF 0.1 0 60 4.5 -2.6
SCJ iShares MSCI Japan Small-Cap ETF 0.1 51 9 5.7 -1.4
XJR iShares ESG Screened S&P Small-Cap ETF 0.1 12 48 5.1 -2.0
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.1 42 18 4.6 -2.5
JHSC John Hancock Multifactor Small Cap ETF 0.1 42 18 4.5 -2.6
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 2 8.0 +0.9
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.1 40 20 5.0 -2.1
SPSM SPDR Portfolio Small Cap ETF 0.1 5 55 5.4 -1.7
IJR iShares Core S&P Small Cap ETF 0.1 6 54 5.3 -1.8
SLY SPDR S&P 600 Small Cap ETF 0.1 15 45 5.3 -1.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.1 10 50 5.3 -1.8
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 0.1 48 12 8.1 +1.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -15 1.8 -5.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.1 60 0 3.5 -3.6
GWX SPDR S&P International Small Cap ETF 0.1 40 20 5.0 -2.1
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 56 4.6 -2.6
SUSA iShares MSCI USA ESG Select ETF 0.1 25 35 4.2 -2.9
LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.1 20 40 5.1 -2.0
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -5 6.4 -0.7
MGC Vanguard Mega Cap Index Fund 0.1 7 53 4.6 -2.6
SQEW LeaderShares Equity Skew ETF 0.1 75 -15 5.5 -1.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.1 17 43 5.4 -1.8
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 18 4.4 -2.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 30 6.5 -0.6
DGT SPDR Global Dow ETF 0.1 50 10 6.1 -1.0
IWM iShares Russell 2000 ETF 0.1 19 41 2.5 -4.6
VTWO Vanguard Russell 2000 Index Fund 0.1 10 50 5.6 -1.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 0.1 32 28 5.5 -1.6
VWID Virtus WMC International Dividend ETF 0.1 49 11 7.2 +0.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 40 5.1 -2.0
RECS Columbia Research Enhanced Core ETF 0.1 15 45 5.1 -2.0
SCHC Schwab International Small-Cap Equity ETF 0.1 11 49 5.0 -2.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.1 59 1 4.8 -2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.1 29 31 7.1 -0.1
SFYX Sofi Next 500 ETF 0.1 0 60 4.6 -2.5
SMMD iShares Russell 2500 ETF 0.1 15 45 4.6 -2.6
DWMF WisdomTree International Multifactor Fund 0.1 38 22 6.0 -1.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 42 5.6 -1.5
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.1 34 26 4.1 -3.0
SCZ iShares MSCI Eafe Small-Cap ETF 0.1 40 20 5.2 -1.9
EFAV iShares Edge MSCI Min Vol EAFE ETF 0.1 20 40 4.9 -2.2
GSPY Gotham Enhanced 500 ETF 0.1 50 10 4.5 -2.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.1 60 0 5.0 -2.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 21 5.0 -2.1
SCHA Schwab U.S. Small-Cap ETF 0.1 4 56 3.5 -3.6
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 40 5.3 -1.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 40 5.6 -1.5
JDIV JPMorgan U.S. Dividend ETF 0.1 12 48 6.4 -0.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 48 5.7 -1.4
VWO Vanguard FTSE Emerging Markets ETF 0.0 10 50 7.1 -0.1
VXF Vanguard Extended Market Index Fund 0.0 6 54 2.7 -4.5
VFLQ Vanguard U.S. Liquidity Factor ETF 0.0 14 46 3.3 -3.9
TUSA First Trust Total US Market AlphaDEX ETF 0.0 70 -10 4.8 -2.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 48 4.0 -3.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 11 49 5.3 -1.8

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck Vectors Oil Refiners ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.6 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 7.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.51 CATEGORY
AVERAGE		 1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

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

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

 

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