VanEck Oil Refiners ETF
ALTAR
Score™		 13.1% info Recommen-
dation		 SPECULATIVE
2023E    2024E
P/E
ratio		 6.2x P/Sales
ratio		 0.2x
P/BV
ratio		 0.9x Div.
yield		 5.0%


  • 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) $34
Currency USD
Expense ratio 59 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $16,152
Large cap (>$10bn) 40.5%
Mid cap ($2-10bn) 30.7%
Small cap (<$2bn) 5.1%
Developed mkts 61.9%
Emerging mkts 38.1%

TOP TEN HOLDINGS
RELIANCE INDS-SPONS GDR 144A 8.9 %
MARATHON PETROLEUM 7.3 %
PHILLIPS 66 6.7 %
VALERO ENERGY CORP 6.4 %
POLSKI KONCERN NAFTOWY SA 6.2 %
NESTE OIL OYJ 5.4 %
SK ENERGY CO LTD 5.2 %
JX HOLDINGS INC 5.1 %
FORMOSA PETROCHEMICAL CORP 4.9 %
GALP ENERGIA SGPS SA-B SHRS 4.7 %
Total 60.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 29.1 %
JAPAN 11.5 %
SOUTH KOREA 9.6 %
INDIA 8.9 %
POLAND 6.2 %
FINLAND 5.4 %
TAIWAN 4.9 %
PORTUGAL 4.7 %
AUSTRIA 4.7 %
HUNGARY 4.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.4% 5.6% 1.4% -- 9.3%

Market Correlations
versus... Beta R-squared
S&P500 0.87 35%
MSCI EAFE 1.09 54%
MSCI Emg. Mkts. 0.80 30%

Technical Indicators
Recent close $29.90
30d moving avg. $30.33
Annualized volatility 26.6%
Short interest (ETF) 6.4%
Short interest (Underlying) 0.9%
Relative strength (RSI) 34

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.9%
Bid/Ask (% of price) 0.47%
ADV underlying (mns) $1,822

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 601 potential alternatives to the VanEck 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: 59 bp ALTAR Score™: 13.1%


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 20.3 39 20 10.8 -2.3
PXE Invesco Dynamic Energy Exploration & Production ETF 20.2 63 -4 13.4 +0.3
FTXN First Trust Nasdaq Oil & Gas ETF 17.9 60 -1 8.7 -4.4
FXN First Trust Energy AlphaDEX Fund 12.7 64 -5 6.8 -6.3
XOP SPDR S&P Oil & Gas Exploration & Production ETF 12.4 35 24 12.1 -1.0
RYE Invesco S&P 500 Equal Weight Energy ETF 12.0 40 19 8.5 -4.6
XLE Energy Select Sector SPDR Fund 11.0 10 49 8.6 -4.5
DVLU First Trust Dorsey Wright Momentum & Value ETF 10.5 60 -1 10.4 -2.6
QVAL Alpha Architect U.S. Quantitative Value ETF 10.0 49 10 15.0 +1.9
IYE iShares U.S. Energy ETF 9.3 39 20 7.9 -5.2
VDE Vanguard Energy Index Fund 9.2 10 49 8.2 -4.9
FENY Fidelity MSCI Energy Index ETF 9.0 8 51 8.3 -4.8
PXI Invesco DWA Energy Momentum ETF 8.8 60 -1 7.3 -5.8
HJEN Direxion Hydrogen ETF 8.8 45 14 -0.3 -13.3
DRLL Strive U.S. Energy ETF 8.5 41 18 7.8 -5.3
FILL iShares MSCI Global Energy Producers ETF 8.0 39 20 10.1 -3.0
DGIN VanEck Digital India ETF 8.0 75 -16 0.2 -12.9
QMOM Alpha Architect U.S. Quantitative Momentum ETF 7.9 49 10 4.4 -8.7
IXC iShares Global Energy ETF 7.3 40 19 9.2 -3.9
IGE iShares North American Natural Resources ETF 7.0 40 19 7.8 -5.2
COWZ Pacer US Cash Cows 100 ETF 6.8 49 10 12.3 -0.8
SPVU Invesco S&P 500 Enhanced Value ETF 6.8 13 46 12.9 -0.2
SPVM Invesco S&P 500 Value with Momentum ETF 6.4 39 20 10.2 -2.8
EPOL iShares MSCI Poland Capped ETF 6.2 57 2 12.5 -0.6
RAYD Rayliant Quantitative Developed Market Equity ETF 5.7 80 -21 9.3 -3.8
EFNL iShares MSCI Finland Capped ETF 5.4 55 4 7.7 -5.4
RDIV Invesco S&P Ultra Dividend Revenue ETF 5.2 39 20 14.7 +1.6
EQRR ProShares Equities for Rising Rates ETF 5.1 35 24 10.3 -2.8
DIVY Sound Equity Income ETF 5.0 45 14 10.8 -2.3
HAP VanEck Natural Resources ETF 4.9 49 10 9.4 -3.7
EWO iShares MSCI Austria ETF 4.7 50 9 13.6 +0.6
XMVM Invesco S&P MidCap Value with Momentum ETF 4.6 39 20 13.8 +0.7
ONEY SPDR Russell 1000 Yield Focus ETF 4.5 20 39 11.1 -2.0
GNR SPDR S&P Global Natural Resources ETF 4.3 40 19 10.8 -2.2
EMM Global X Emerging Markets ETF 4.1 75 -16 1.1 -11.9
QDIV Global X S&P 500 Quality Dividend ETF 4.1 20 39 9.8 -3.2
IDOG ALPS International Sector Dividend Dogs ETF 4.0 50 9 13.3 +0.3
RPV Invesco S&P 500 Pure Value ETF 4.0 35 24 13.3 +0.2
PGAL Global X FTSE Portugal 20 ETF 3.9 58 1 7.0 -6.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 3.9 80 -21 9.9 -3.2
PWC Invesco Dynamic Market ETF 3.9 60 -1 7.8 -5.2
RAYE Rayliant Quantamental Emerging Market Equity ETF 3.8 80 -21 13.7 +0.6
LEAD Siren DIVCON Leaders Dividend ETF 3.7 43 16 7.0 -6.1
DBLV AdvisorShares DoubleLine Value Equity ETF 3.7 91 -32 12.6 -0.5
GVAL Cambria Global Value ETF 3.6 71 -12 13.6 +0.5
VAMO Cambria Value & Momentum ETF 3.6 64 -5 12.8 -0.2
NDIV Amplify Natural Resources Dividend Income ETF 3.6 59 0 13.9 +0.8
RWK Invesco S&P MidCap 400 Revenue ETF 3.6 39 20 10.4 -2.6
CVY Invesco Zacks Multi-Asset Income ETF 3.6 100 -41 11.9 -1.2
SPDV AAM S&P 500 High Dividend Value ETF 3.5 29 30 12.3 -0.8
FEM First Trust Emerging Markets AlphaDEX Fund 3.5 80 -21 17.7 +4.6
XCEM Columbia EM Core ex-China ETF 3.4 16 43 7.9 -5.2
EMDM First Trust Bloomberg Emerging Market Democracies ETF 3.4 75 -16 8.3 -4.8
NVQ QRAFT AI-Enhanced US Next Value ETF 3.3 75 -16 12.6 -0.5
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 3.3 60 -1 8.8 -4.3
TUR iShares MSCI Turkey ETF 3.3 57 2 25.6 +12.5
FOVL iShares Focused Value Factor ETF 3.2 25 34 13.0 -0.1
SPMO Invesco S&P 500 Momentum ETF 3.2 13 46 8.1 -5.0
BICK First Trust BICK Index Fund 3.2 64 -5 5.8 -7.3
AUSF Global X Adaptive U.S. Factor ETF 3.1 27 32 7.9 -5.1
PKW Invesco Buyback Achievers ETF 3.1 64 -5 10.0 -3.1
SYLD Cambria Shareholder Yield ETF 3.0 59 0 13.5 +0.4
XMMO Invesco S&P MidCap Momentum ETF 3.0 33 26 6.8 -6.3
WLDR Affinity World Leaders Equity ETF 2.9 67 -8 10.0 -3.1
FJP First Trust Japan AlphaDEX Fund 2.9 80 -21 12.7 -0.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 2.8 29 30 8.6 -4.5
RWL Invesco S&P 500 Revenue ETF 2.8 39 20 7.8 -5.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.7 32 27 7.0 -6.1
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.7 35 24 9.2 -3.9
MTUM iShares MSCI USA Momentum Factor ETF 2.6 15 44 8.1 -5.0
LSAF LeaderShares AlphaFactor US Core Equity ETF 2.6 75 -16 10.1 -3.0
VFVA Vanguard U.S. Value Factor ETF 2.6 13 46 12.3 -0.7
DFND Siren DIVCON Dividend Defender ETF 2.5 150 -91 5.8 -7.2
ONEO SPDR Russell 1000 Momentum Focus ETF 2.5 20 39 9.2 -3.9
FTA First Trust Large Cap Value AlphaDEX Fund 2.4 59 0 11.3 -1.8
GVLU Gotham 1000 Value ETF 2.3 50 9 11.5 -1.5
PDP Invesco DWA Momentum ETF 2.3 62 -3 6.3 -6.8
QUAL iShares MSCI Usa Quality Factor ETF 2.2 15 44 7.4 -5.7
DFUV Dimensional US Marketwide Value ETF 2.2 23 36 9.4 -3.7
GMF SPDR S&P Emerging Asia Pacific ETF 2.2 49 10 8.1 -5.0
JOET Virtus Terranova US Quality Momentum ETF 2.2 29 30 7.4 -5.6
FDT First Trust Developed Markets ex-US Alphadex Fund 2.2 80 -21 12.0 -1.1
WWJD Inspire International ESG ETF 2.1 69 -10 8.5 -4.6
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.1 52 7 7.3 -5.7
TPHD Timothy Plan High Dividend Stock ETF 2.1 52 7 7.4 -5.6
VFMO Vanguard U.S. Momentum Factor ETF 2.1 13 46 4.3 -8.8
DVYA iShares Asia/Pacific Dividend ETF 2.1 49 10 14.7 +1.7
BNE Blue Horizon BNE ETF 2.1 87 -28 4.2 -8.9
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 2.1 60 -1 12.1 -1.0
FEUZ First Trust Eurozone AlphaDEX ETF 2.1 80 -21 10.6 -2.5
VFMF Vanguard U.S. Multifactor ETF 2.0 18 41 10.7 -2.4
EFAS Global X MSCI SuperDividend EAFE ETF 2.0 55 4 12.6 -0.5
IVAL Alpha Architect International Quantitative Value ETF 2.0 60 -1 14.9 +1.8
EWY iShares MSCI South Korea ETF 2.0 57 2 8.1 -5.0
SDOG ALPS Sector Dividend Dogs ETF 1.9 40 19 11.8 -1.3
VALQ American Century STOXX U.S. Quality Value ETF 1.9 29 30 10.4 -2.7
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 1.9 35 24 8.0 -5.1
GDVD R3 Global Dividend Growth ETF 1.9 88 -29 7.1 -6.0
FTGS First Trust Growth Strength ETF 1.9 60 -1 8.9 -4.2
DSMC Distillate Small/Mid Cash Flow ETF 1.9 55 4 14.4 +1.3
EMC Global X Emerging Markets Great Consumer ETF 1.9 75 -16 1.4 -11.7
IMOM Alpha Architect International Quantitative Momentum ETF 1.9 60 -1 -1.7 -14.8
SPHQ Invesco S&P 500 Quality ETF 1.8 15 44 6.7 -6.4
WTV WisdomTree US Value Fund 1.8 12 47 9.7 -3.4
USVT US Value ETF 1.8 49 10 12.7 -0.4
AVLV Avantis U.S. Large Cap Value ETF 1.8 15 44 9.3 -3.8
MAGA Point Bridge GOP Stock Tracker ETF 1.8 72 -13 7.2 -5.9
SPEM SPDR Portfolio Emerging Markets ETF 1.8 11 48 8.7 -4.4
FDWM Fidelity Women's Leadership ETF 1.8 59 0 6.1 -7.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 1.8 32 27 9.4 -3.6
PEY Invesco High Yield Equity Dividend Achievers ETF 1.7 53 6 9.8 -3.3
DVND Touchstone Dividend Select ETF 1.7 67 -8 7.1 -6.0
FAB First Trust Multi Cap Value AlphaDEX Fund 1.7 69 -10 12.1 -1.0
GSFP Goldman Sachs Future Planet Equity ETF 1.7 75 -16 4.0 -9.1
GREK Global X FTSE Greece 20 ETF 1.7 56 3 -3.1 -16.2
FLKR Franklin FTSE South Korea ETF 1.6 9 50 8.9 -4.2
NUEM Nuveen ESG Emerging Markets Equity ETF 1.6 35 24 8.0 -5.1
FCPI Fidelity Stocks for Inflation ETF 1.6 29 30 10.0 -3.1
AVEM Avantis Emerging Markets Equity ETF 1.6 33 26 10.0 -3.0
DVY iShares Select Dividend ETF 1.6 39 20 10.5 -2.6
FUNL CornerCap Fundametrics Large-Cap ETF 1.6 50 9 8.9 -4.2
OALC OneAscent Large Cap Core ETF 1.6 76 -17 6.5 -6.6
AFLG First Trust Active Factor Large Cap ETF 1.5 55 4 7.9 -5.1
MBOX Freedom Day Dividend ETF 1.5 39 20 9.0 -4.0
VLU SPDR S&P 1500 Value Tilt ETF 1.5 12 47 8.9 -4.2
FDL First Trust Morningstar Dividend Leaders Index Fund 1.5 45 14 11.0 -2.1
ORFN Constrained Capital ESG Orphans ETF 1.5 75 -16 6.8 -6.3
PIZ Invesco DWA Developed Markets Momentum ETF 1.4 80 -21 6.7 -6.4
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 1.4 18 41 8.9 -4.2
IQIN IQ 500 International ETF 1.4 25 34 8.8 -4.3
XMHQ Invesco S&P MidCap Quality ETF 1.4 25 34 9.5 -3.6
DIM WisdomTree International MidCap Dividend Fund 1.4 58 1 9.8 -3.3
SCHD Schwab U.S. Dividend Equity ETF 1.4 6 53 9.8 -3.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 1.4 17 42 8.7 -4.4
THD iShares MSCI Thailand ETF 1.4 57 2 5.4 -7.7
LETB AdvisorShares Let Bob AI Powered Momentum ETF 1.4 107 -48 6.9 -6.2
FEP First Trust Europe AlphaDEX Fund 1.4 80 -21 10.8 -2.3
NUDM Nuveen ESG International Developed Markets Equity ETF 1.4 30 29 8.8 -4.2
QDYN FlexShares Quality Dividend Dynamic Index Fund 1.4 37 22 9.0 -4.0
FNK First Trust Mid Cap Value AlphaDEX Fund 1.4 70 -11 13.4 +0.3
BRNY Burney U.S. Factor Rotation ETF 1.4 79 -20 8.6 -4.5
SSPY Syntax Stratified LargeCap ETF 1.4 30 29 7.6 -5.4
USMF WisdomTree U.S. Multifactor Fund 1.4 28 31 8.8 -4.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 1.4 19 40 7.4 -5.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.3 29 30 9.5 -3.6
SPYD SPDR S&P 500 High Dividend ETF 1.3 7 52 11.4 -1.7
PWV Invesco Dynamic Large Cap Value ETF 1.3 58 1 9.4 -3.7
WKLY SoFi Weekly Dividend ETF 1.3 49 10 9.2 -3.9
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 1.3 35 24 9.7 -3.4
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 1.3 35 24 9.7 -3.4
VWID Virtus WMC International Dividend ETF 1.3 49 10 10.4 -2.7
BLES Inspire Global Hope Large Cap ETF 1.3 49 10 7.6 -5.5
VFQY Vanguard U.S. Quality Factor ETF 1.3 13 46 8.4 -4.6
STXV Strive 1000 Value ETF 1.3 18 41 9.2 -3.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 1.3 25 34 8.1 -4.9
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 1.3 45 14 11.1 -1.9
DFLV Dimensional US Large Cap Value ETF 1.2 22 37 9.9 -3.2
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 1.2 24 35 9.0 -4.1
DFAE Dimensional Emerging Core Equity Market ETF 1.2 35 24 9.2 -3.9
IUS Invesco Strategic US ETF 1.2 19 40 7.8 -5.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.2 39 20 9.8 -3.3
EPS WisdomTree U.S. Earnings 500 Fund 1.2 8 51 7.8 -5.2
SFY SoFi Select 500 ETF 1.2 0 59 6.5 -6.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 1.2 25 34 8.1 -5.0
EEMO Invesco S&P Emerging Markets Momentum ETF 1.2 31 28 9.9 -3.2
FEX First Trust Large Cap Core AlphaDEX Fund 1.2 59 0 7.8 -5.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 1.2 45 14 5.2 -7.9
JPIN JPMorgan Diversified Return International Equity ETF 1.2 37 22 9.7 -3.4
FID First Trust S&P International Dividend Aristocrats ETF 1.2 60 -1 11.6 -1.4
QLC FlexShares US Quality Large Cap Index Fund 1.2 25 34 7.1 -6.0
NTZG Nuveen Global Net Zero Transition ETF 1.2 55 4 5.9 -7.2
PY Principal Shareholder Yield Index ETF 1.1 15 44 8.5 -4.6
FLQL Franklin LibertyQ U.S. Equity ETF 1.1 15 44 8.1 -5.0
VYM Vanguard High Dividend Yield Index ETF 1.1 6 53 8.9 -4.2
RYJ Invesco Raymond James SB-1 Equity ETF 1.1 81 -22 5.6 -7.5
DIVD Altrius Global Dividend ETF 1.1 49 10 12.3 -0.8
BKIS BNY Mellon Sustainable International Equity ETF 1.1 70 -11 5.4 -7.7
HDV iShares Core High Dividend ETF 1.1 8 51 9.9 -3.1
SFYX Sofi Next 500 ETF 1.1 0 59 6.9 -6.2
BFOR Barron's 400 ETF 1.1 65 -6 9.5 -3.6
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.1 29 30 10.2 -2.8
FDEM Fidelity Emerging Markets Multifactor ETF 1.1 45 14 13.9 +0.8
FNDF Schwab Fundamental International Large Co. Index ETF 1.1 25 34 9.6 -3.4
REVS Columbia Research Enhanced Value ETF 1.1 19 40 9.4 -3.7
DFAT Dimensional U.S. Targeted Value ETF 1.0 29 30 10.0 -3.1
JVAL JPMorgan U.S. Value Factor ETF 1.0 12 47 9.9 -3.2
DXJ WisdomTree Japan Hedged Equity Fund 1.0 48 11 11.4 -1.7
DIHP Dimensional International High Profitability ETF 1.0 29 30 8.9 -4.2
PRF Invesco FTSE RAFI US 1000 ETF 1.0 39 20 8.2 -4.9
ESGS Columbia Sustainable U.S. Equity Income ETF 1.0 35 24 8.0 -5.1
EMMF WisdomTree Emerging Markets Multifactor Fund 1.0 48 11 12.3 -0.7
MGV Vanguard Mega Cap Value ETF 1.0 7 52 8.2 -4.9
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 1.0 20 39 9.4 -3.7
AVES Avantis Emerging Markets Value ETF 1.0 36 23 14.8 +1.7
FSST Fidelity Sustainability U.S. Equity ETF 1.0 59 0 5.9 -7.1
EYLD Cambria Emerging Shareholder Yield ETF 1.0 64 -5 15.1 +2.0
DEW WisdomTree Global High Dividend Fund 1.0 58 1 11.0 -2.1
ESGE iShares ESG Aware MSCI EM ETF 1.0 25 34 9.1 -4.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.0 70 -11 15.4 +2.3
VSLU Applied Finance Valuation Large Cap ETF 1.0 49 10 7.1 -6.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.9 41 18 9.2 -3.9
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.9 23 36 7.2 -5.9
KRMA Global X Conscious Companies ETF 0.9 43 16 6.7 -6.4
QDF FlexShares Quality Dividend Index Fund 0.9 37 22 8.3 -4.8
WDIV SPDR Global Dividend ETF 0.9 40 19 12.1 -1.0
AVUS Avantis U.S. Equity ETF 0.9 15 44 7.4 -5.6
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.9 30 29 9.1 -4.0
AFMC First Trust Active Factor Mid Cap ETF 0.9 65 -6 10.1 -2.9
DHS WisdomTree U.S. High Dividend Fund 0.9 38 21 10.6 -2.5
DLN WisdomTree U.S. LargeCap Dividend Fund 0.9 28 31 7.7 -5.4
FVAL Fidelity Value Factor ETF 0.9 29 30 9.5 -3.5
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.9 60 -1 5.2 -7.9
ESGD iShares MSCI EAFE ESG Optimized ETF 0.9 20 39 7.4 -5.7
IWS iShares Russell Mid-Cap Value ETF 0.9 23 36 7.8 -5.3
UIVM VictoryShares USAA MSCI International Value Momentum ETF 0.9 35 24 10.7 -2.3
EWJV iShares MSCI Japan Value ETF 0.8 15 44 9.9 -3.2
EVUS iShares ESG Aware MSCI USA Value ETF 0.8 18 41 8.5 -4.6
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.8 15 44 13.6 +0.5
VTV Vanguard Value Index Fund 0.8 4 55 8.4 -4.6
AVUV Avantis U.S. Small Cap Value ETF 0.8 25 34 11.6 -1.4
DWCR Arrow DWA Country Rotation ETF 0.8 111 -52 5.7 -7.4
ICAP InfraCap Equity Income Fund ETF 0.8 80 -21 11.8 -1.3
DTD WisdomTree U.S.Total Dividend Fund 0.8 28 31 8.1 -5.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.8 80 -21 9.6 -3.5
DIVB iShares Core Dividend 0.8 5 54 9.4 -3.7
IWD iShares Russell 1000 Value ETF 0.8 18 41 7.9 -5.2
FLDZ RiverNorth Volition America Patriot ETF 0.8 70 -11 7.0 -6.1
DEM WisdomTree Emerging Markets High Dividend Fund 0.8 63 -4 15.4 +2.4
VONV Vanguard Russell 1000 Value Index Fund 0.8 8 51 8.0 -5.1
LDEM iShares ESG MSCI EM Leaders ETF 0.8 16 43 9.6 -3.5
SUSL iShares ESG MSCI USA Leaders ETF 0.8 10 49 6.3 -6.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.8 20 39 7.2 -5.9
ROAM Hartford Multifactor Emerging Markets ETF 0.8 44 15 13.9 +0.9
PSCE Invesco S&P SmallCap Energy ETF 0.8 29 30 7.0 -6.1
WBIY WBI Power Factor High Dividend ETF 0.8 70 -11 14.1 +1.0
DFSV Dimensional US Small Cap Value ETF 0.8 31 28 9.9 -3.2
DFJ WisdomTree Japan SmallCap Dividend Fund 0.8 58 1 8.2 -4.9
CWI SPDR MSCI ACWI ex-US ETF 0.8 30 29 8.1 -5.0
IWX iShares Russell Top 200 Value ETF 0.8 20 39 7.8 -5.2
TPLC Timothy Plan US Large Cap Core ETF 0.8 52 7 7.0 -6.1
EMXC iShares MSCI Emerging Markets ex China ETF 0.8 25 34 7.5 -5.6
SCHV Schwab U.S. Large-Cap Value ETF 0.8 4 55 8.0 -5.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.8 9 50 7.0 -6.1
HLAL Wahed FTSE USA Shariah ETF 0.8 50 9 5.9 -7.2
JHMD John Hancock Multifactor Developed International ETF 0.8 39 20 8.6 -4.5
DFEV Dimensional Emerging Markets Value ETF 0.8 43 16 13.4 +0.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.8 52 7 6.6 -6.5
CGXU Capital Group International Focus Equity ETF 0.8 54 5 4.7 -8.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.8 10 49 6.3 -6.8
TPIF Timothy Plan International ETF 0.7 62 -3 7.7 -5.3
TTAC TrimTabs US Free Cash Flow Quality ETF 0.7 59 0 7.4 -5.6
DSI iShares MSCI KLD 400 Social ETF 0.7 25 34 6.3 -6.8
EFAV iShares Edge MSCI Min Vol EAFE ETF 0.7 20 39 6.7 -6.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.7 47 12 12.2 -0.8
GSPY Gotham Enhanced 500 ETF 0.7 50 9 6.7 -6.4
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.7 58 1 7.8 -5.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 0.7 32 27 7.6 -5.4
EZM WisdomTree U.S. MidCap Earnings Fund 0.7 38 21 11.8 -1.3
PSC Principal U.S. Small Cap Index ETF 0.7 38 21 9.0 -4.1
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.7 60 -1 6.3 -6.8
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.7 15 44 6.3 -6.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.7 39 20 8.7 -4.4
DTH WisdomTree International High Dividend Fund 0.7 58 1 11.6 -1.5
VOOV Vanguard S&P 500 Value ETF 0.7 10 49 7.0 -6.1
STXE Strive Emerging Markets Ex-China ETF 0.7 32 27 7.4 -5.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.7 20 39 8.8 -4.3
IVE iShares S&P 500 Value ETF 0.7 18 41 6.9 -6.2
SPYV SPDR Portfolio S&P 500 Value ETF 0.7 4 55 7.0 -6.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.7 51 8 11.8 -1.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.7 20 39 6.9 -6.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.7 39 20 13.9 +0.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.7 12 47 6.3 -6.8
ILCV iShares Morningstar Value ETF 0.7 4 55 8.1 -5.0
PIE Invesco DWA Emerging Markets Momentum ETF 0.7 90 -31 7.7 -5.3
DFIV Dimensional International Value ETF 0.7 30 29 9.7 -3.4
IUSV iShares Core S&P U.S. Value ETF 0.7 4 55 7.2 -5.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.7 18 41 9.2 -3.9
FNX First Trust Mid Cap Core AlphaDEX Fund 0.7 59 0 8.7 -4.3
DFSU Dimensional US Sustainability Core 1 ETF 0.7 18 41 7.0 -6.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.7 15 44 7.5 -5.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.7 12 47 6.8 -6.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 42 7.4 -5.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 15 44 7.5 -5.6
NACP Impact Shares NAACP Minority Empowerment ETF 0.6 49 10 6.1 -7.0
JHEM John Hancock Multifactor Emerging Markets ETF 0.6 49 10 9.4 -3.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.6 30 29 9.9 -3.2
SCHY Schwab International Dividend Equity ETF 0.6 14 45 9.0 -4.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 50 6.7 -6.3
SNPV Xtrackers S&P ESG Value ETF 0.6 15 44 7.8 -5.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 50 7.1 -5.9
JHML John Hancock Multifactor Large Cap ETF 0.6 29 30 6.8 -6.3
FLRG Fidelity U.S. Multifactor ETF 0.6 29 30 8.2 -4.9
ISZE iShares Edge MSCI Intl Size Factor ETF 0.6 30 29 7.3 -5.8
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 10 8.7 -4.3
INTF iShares Edge MSCI Multifactor Intl ETF 0.6 15 44 9.1 -3.9
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 50 7.1 -6.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.6 45 14 9.5 -3.6
XC WisdomTree Emerging Markets Ex-China Fund 0.6 32 27 7.1 -6.0
JPXN iShares JPX-Nikkei 400 ETF 0.6 48 11 9.2 -3.9
VIDI Vident International Equity Fund 0.6 61 -2 12.3 -0.8
FDMO Fidelity Momentum Factor ETF 0.6 29 30 6.3 -6.8
RNSC Small Cap US Equity Select ETF 0.6 60 -1 9.5 -3.5
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.6 25 34 10.3 -2.8
DON WisdomTree U.S. MidCap Dividend Fund 0.6 38 21 10.2 -2.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.6 29 30 8.7 -4.3
RECS Columbia Research Enhanced Core ETF 0.6 15 44 7.4 -5.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.6 27 32 6.8 -6.3
EZU iShares MSCI Eurozone ETF 0.6 50 9 7.3 -5.8
EWT iShares MSCI Taiwan ETF 0.6 57 2 6.9 -6.2
FMIL Fidelity New Millennium ETF 0.6 59 0 6.5 -6.6
SHE SPDR SSGA Gender Diversity Index ETF 0.6 20 39 6.3 -6.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 31 28 8.7 -4.3
XJH iShares ESG Screened S&P Mid-Cap ETF 0.6 12 47 8.5 -4.6
VBR Vanguard Small Cap Value Index Fund 0.5 7 52 9.5 -3.6
FYT First Trust Small Cap Value AlphaDEX Fund 0.5 71 -12 12.7 -0.4
BUL Pacer US Cash Cows Growth ETF 0.5 60 -1 11.9 -1.2
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.5 15 44 8.7 -4.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.5 66 -7 8.3 -4.8
IWR iShares Russell Midcap ETF 0.5 18 41 6.7 -6.4
QEFA SPDR MSCI EAFE Quality Mix ETF 0.5 30 29 7.8 -5.3
IQSU IQ Candriam ESG US Equity ETF 0.5 9 50 5.8 -7.3
IQDG WisdomTree International Quality Dividend Growth Fund 0.5 42 17 6.2 -6.8
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.5 45 14 7.8 -5.2
SIZE iShares MSCI USA Size Factor ETF 0.5 15 44 6.9 -6.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.5 14 45 6.2 -6.9
CIL VictoryShares International Volatility Weighted Index ETF 0.5 45 14 7.9 -5.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 19 40 7.2 -5.9
RSP Invesco S&P 500 Equal Weight ETF 0.5 20 39 7.3 -5.8
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 0.5 35 24 9.7 -3.4
EEM iShares MSCI Emerging Markets ETF 0.5 68 -9 8.3 -4.8
SNPE Xtrackers S&P 500 ESG ETF 0.5 10 49 6.4 -6.7
DFIC Dimensional International Core Equity 2 ETF 0.5 23 36 8.3 -4.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.5 29 30 6.5 -6.6
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 -2 8.7 -4.4
MDY SPDR S&P Midcap 400 ETF Trust 0.5 22 37 8.4 -4.7
DFAU Dimensional US Core Equity Market ETF 0.5 12 47 6.5 -6.5
VYMI Vanguard International High Dividend Yield ETF 0.5 22 37 11.4 -1.7
DWM WisdomTree International Equity Fund 0.5 48 11 9.6 -3.4
PXUS Principal International Adaptive Multi-Factor ETF 0.5 24 35 7.5 -5.6
FRDM Freedom 100 Emerging Markets ETF 0.5 49 10 8.7 -4.4
IVOO Vanguard S&P Mid-Cap 400 ETF 0.5 10 49 8.5 -4.6
IJH iShares Core S&P Mid-Cap ETF 0.5 5 54 8.6 -4.5
SPMD SPDR Portfolio Mid Cap ETF 0.5 5 54 8.6 -4.5
RNLC Large Cap US Equity Select ETF 0.5 60 -1 7.9 -5.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.5 47 12 7.0 -6.1
FLTW Franklin FTSE Taiwan ETF 0.5 19 40 7.2 -5.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.5 40 19 9.6 -3.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 7 52 8.2 -4.9
FYC First Trust Small Cap Growth AlphaDEX Fund 0.5 70 -11 2.1 -10.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.5 58 1 5.9 -7.2
AFSM First Trust Active Factor Small Cap ETF 0.5 75 -16 9.7 -3.3
DWMF WisdomTree International Multifactor Fund 0.5 38 21 8.8 -4.3
AVDV Avantis International Small Cap Value ETF 0.5 36 23 10.5 -2.6
SVAL iShares US Small Cap Value Factor ETF 0.5 20 39 12.7 -0.4
DGRO iShares Core Dividend Growth ETF 0.5 8 51 7.7 -5.3
IQSI IQ Candriam ESG International Equity ETF 0.5 15 44 7.9 -5.2
IEMG iShares Core MSCI Emerging Markets ETF 0.5 9 50 8.6 -4.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.5 27 32 6.1 -7.0
QVML Invesco S&P 500 QVM Multi-factor ETF 0.5 11 48 6.8 -6.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.5 0 59 6.1 -7.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.5 20 39 6.1 -7.0
IQLT iShares Edge MSCI Intl Quality Factor ETF 0.5 30 29 8.2 -4.8
SPXV ProShares S&P 500 Ex-Health Care ETF 0.5 27 32 5.8 -7.3
VPL Vanguard FTSE Pacific ETF 0.4 8 51 7.9 -5.2
MGC Vanguard Mega Cap Index Fund 0.4 7 52 6.1 -7.0
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 53 8.9 -4.2
EWA iShares MSCI Australia ETF 0.4 50 9 6.7 -6.4
JEMA JPMorgan Emerging Markets Equity Core ETF 0.4 39 20 8.1 -5.0
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.4 40 19 8.5 -4.6
XVV iShares ESG Screened S&P 500 ETF 0.4 8 51 6.2 -6.8
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 7 9.1 -3.9
ROUS Hartford Multifactor US Equity ETF 0.4 19 40 8.8 -4.3
EWJ iShares MSCI Japan ETF 0.4 50 9 8.4 -4.7
RFFC RiverFront Dynamic US Flex-Cap ETF 0.4 52 7 7.5 -5.6
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.4 35 24 7.4 -5.7
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.4 35 24 7.4 -5.7
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.4 25 34 6.9 -6.1
HFXI IQ 50 Percent Hedged FTSE International ETF 0.4 20 39 7.9 -5.2
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.4 20 39 8.7 -4.4
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.4 20 39 13.0 -0.0
FLJP Franklin FTSE Japan ETF 0.4 9 50 8.5 -4.6
FLJH Franklin FTSE Japan Hedged ETF 0.4 9 50 8.1 -4.9
HEET Hartford Schroders ESG US Equity ETF 0.4 39 20 7.2 -5.9
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.4 46 13 8.1 -5.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.4 20 39 6.2 -6.9
RNDV US Equity Dividend Select ETF 0.4 50 9 10.8 -2.3
FSMD Fidelity Small-Mid Factor ETF 0.4 29 30 8.5 -4.5
VDNI V-Shares US Leadership Diversity ETF 0.4 29 30 6.4 -6.7
SPTM SPDR Portfolio Total Stock Market ETF 0.4 3 56 6.6 -6.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.4 29 30 6.1 -7.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.4 41 18 9.3 -3.8
BBJP JPMorgan BetaBuilders Japan ETF 0.4 19 40 8.5 -4.6
QWLD SPDR MSCI World StrategicFactors ETF 0.4 30 29 7.3 -5.8
FLAU Franklin FTSE Australia ETF 0.4 9 50 7.0 -6.0
DFAI Dimensional International Core Equity Market ETF 0.4 18 41 7.8 -5.3
DFUS Dimensional U.S. Equity ETF 0.4 11 48 6.3 -6.8
ESGN Columbia Sustainable International Equity Income ETF 0.4 45 14 8.7 -4.4
PBUS Invesco PureBeta MSCI USA ETF 0.4 4 55 6.3 -6.8
VOO VANGUARD S&P 500 ETF 0.4 3 56 6.4 -6.7
IVV iShares Core S&P 500 ETF 0.4 3 56 6.4 -6.7
SPLG SPDR Portfolio S&P 500 ETF 0.4 3 56 6.4 -6.7
SPY SPDR S&P 500 ETF Trust 0.4 9 50 6.4 -6.7
STRV Strive 500 ETF 0.4 5 54 6.2 -6.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 11 48 6.2 -6.9
VT Vanguard Total World Stock ETF 0.4 7 52 7.0 -6.1
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 56 6.3 -6.8
VOTE Engine No. 1 Transform 500 ETF 0.4 5 54 6.1 -7.0
SCHK Schwab 1000 Index ETF 0.4 5 54 6.3 -6.8
AVDE Avantis International Equity ETF 0.4 23 36 9.3 -3.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 52 6.2 -6.9
SCHX Schwab U.S. Large-Cap ETF 0.4 3 56 6.3 -6.8
ACWI iShares MSCI ACWI ETF 0.4 32 27 6.9 -6.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 35 9.6 -3.5
SCHF Schwab International Equity ETF 0.4 6 53 8.1 -4.9
VV Vanguard Large-Cap Index Fund 0.4 4 55 6.2 -6.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 57 6.3 -6.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.4 36 23 8.3 -4.8
VONE Vanguard Russell 1000 ETF 0.4 8 51 6.3 -6.8
IWB iShares Russell 1000 ETF 0.4 15 44 6.2 -6.9
ESGU iShares MSCI USA ESG Optimized ETF 0.4 15 44 6.3 -6.8
IYY iShares Dow Jones U.S. ETF 0.4 20 39 6.1 -6.9
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.4 58 1 6.7 -6.4
SCHB Schwab U.S. Broad Market ETF 0.4 3 56 6.2 -6.9
QINT American Century Quality Diversified International ETF 0.4 39 20 9.3 -3.8
IWV iShares Russell 3000 ETF 0.4 20 39 6.0 -7.1
VTHR Vanguard Russell 3000 Index Fund 0.4 10 49 6.1 -7.0
ESG FlexShares STOXX US ESG Impact Index Fund 0.4 32 27 6.2 -6.9
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.4 25 34 8.4 -4.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 56 6.2 -6.9
VTI Vanguard Total Stock Market Index Fund 0.4 3 56 6.1 -7.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 39 8.0 -5.1
URTH iShares MSCI World ETF 0.4 24 35 6.8 -6.3
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.4 7 52 7.8 -5.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 20 7.9 -5.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.4 14 45 7.5 -5.6
FLEE Franklin FTSE Europe ETF 0.4 9 50 8.0 -5.1
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.4 35 24 9.0 -4.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.4 60 -1 5.7 -7.3
EFV iShares MSCI EAFE Value ETF 0.4 35 24 10.1 -2.9
TOK iShares MSCI Kokusai ETF 0.4 25 34 6.6 -6.5
EEMA iShares MSCI Emerging Markets Asia ETF 0.4 50 9 8.1 -5.0
AESR Anfield U.S. Equity Sector Rotation ETF 0.4 112 -53 5.6 -7.5
BBEU JPMorgan BetaBuilders Europe ETF 0.4 9 50 8.0 -5.1
FLEH Franklin FTSE Europe Hedged ETF 0.4 9 50 7.8 -5.3
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.4 25 34 8.8 -4.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 32 27 8.0 -5.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 18 7.9 -5.2
IPAC iShares Core MSCI Pacific ETF 0.3 9 50 7.7 -5.3
GLOF iShares Global Equity Factor ETF 0.3 20 39 9.1 -4.0
JPEM J.P. Morgan Diversified Return Emerging Markets Equity ETF 0.3 44 15 11.4 -1.6
VEA Vanguard FTSE Developed Markets ETF 0.3 5 54 7.8 -5.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.3 25 34 8.7 -4.3
IWN iShares Russell 2000 Value ETF 0.3 23 36 6.6 -6.5
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.3 30 29 8.4 -4.7
RVRB Reverb ETF 0.3 30 29 6.3 -6.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 50 6.8 -6.3
AVIV Avantis International Large Cap Value ETF 0.3 25 34 10.0 -3.1
VTWV Vanguard Russell 2000 Value Index Fund 0.3 15 44 5.8 -7.2
VGK Vanguard FTSE Europe ETF 0.3 8 51 7.7 -5.4
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.3 45 14 3.3 -9.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.3 30 29 8.7 -4.4
SPEU SPDR Portfolio Europe ETF 0.3 9 50 7.6 -5.5
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 4 55 7.6 -5.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.3 15 44 9.8 -3.2
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 39 8.2 -4.8
IJJ iShares S&P Mid-Cap 400 Value ETF 0.3 18 41 9.8 -3.3
MDYV SPDR S&P 400 Mid Cap Value ETF 0.3 15 44 9.9 -3.2
IWL iShares Russell Top 200 ETF 0.3 15 44 6.0 -7.0
EFA iShares MSCI EAFE ETF 0.3 32 27 7.6 -5.5
IXUS ishares Core MSCI Total International Stock ETF 0.3 7 52 8.0 -5.1
RNEM First Trust Emerging Markets Equity Select ETF 0.3 75 -16 9.0 -4.1
IWM iShares Russell 2000 ETF 0.3 19 40 4.7 -8.4
DFAS Dimensional U.S. Small Cap ETF 0.3 28 31 7.3 -5.8
VB Vanguard Small-Cap ETF 0.3 5 54 6.2 -6.8
VTWO Vanguard Russell 2000 Index Fund 0.3 10 49 4.3 -8.7
SUSA iShares MSCI USA ESG Select ETF 0.3 25 34 6.3 -6.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.3 35 24 7.5 -5.5
EES WisdomTree SmallCap Earnings Fund 0.3 38 21 13.2 +0.1
BKIE BNY Mellon International Equity ETF 0.3 4 55 8.5 -4.6
VXUS Vanguard Total International Stock ETF 0.3 7 52 8.0 -5.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 0.3 20 39 10.8 -2.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.3 11 48 9.2 -3.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 39 8.3 -4.8
FLAX Franklin FTSE Asia Ex Japan ETF 0.3 19 40 8.5 -4.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.3 69 -10 7.8 -5.3
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.3 35 24 7.8 -5.3
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 17 7.4 -5.7
DIVI Franklin International Core Dividend Tilt Index ETF 0.3 9 50 9.3 -3.8
IEV iShares Europe ETF 0.3 58 1 7.3 -5.8
IEFA iShares Core MSCI EAFE ETF 0.3 7 52 7.7 -5.4
IWO iShares Russell 2000 Growth ETF 0.3 23 36 3.0 -10.1
IVLU iShares Edge MSCI Intl Value Factor ETF 0.3 30 29 12.0 -1.1
EPP iShares MSCI Pacific ex-Japan ETF 0.3 47 12 6.4 -6.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.3 59 0 11.5 -1.6
VTWG Vanguard Russell 2000 Growth Index Fund 0.3 15 44 3.0 -10.0
QUS SPDR MSCI USA StrategicFactors ETF 0.3 15 44 6.9 -6.2
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 0.3 19 40 6.9 -6.2
EFG iShares MSCI EAFE Growth ETF 0.3 35 24 5.4 -7.7
ACVF American Conservative Values ETF 0.3 75 -16 5.5 -7.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.3 46 13 7.3 -5.8
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 55 7.8 -5.3
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 50 9 14.6 +1.5
BKSE BNY Mellon US Small Cap Core Equity ETF 0.3 4 55 6.4 -6.7
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 0.3 45 14 14.2 +1.1
DES WisdomTree U.S. SmallCap Dividend Fund 0.3 38 21 10.4 -2.6
JIDA JPMorgan ActiveBuilders International Equity ETF 0.3 25 34 7.3 -5.8
WOMN Impact Shares YWCA Women's Empowerment ETF 0.3 75 -16 5.9 -7.2
SCJ iShares MSCI Japan Small-Cap ETF 0.3 50 9 6.9 -6.2
DFSI Dimensional International Sustainability Core 1 ETF 0.3 24 35 7.3 -5.8
IEUR iShares Core MSCI Europe ETF 0.3 9 50 7.6 -5.5
IDHQ Invesco S&P International Developed Quality ETF 0.3 29 30 8.2 -4.9
PFM Invesco Dividend Achievers ETF 0.3 53 6 6.8 -6.3
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.3 45 14 9.7 -3.4
YPS Arrow Reverse Cap 500 ETF 0.3 29 30 7.1 -6.0
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.3 58 1 13.0 -0.0
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 34 5.6 -7.5
DOL WisdomTree International LargeCap Dividend Fund 0.2 48 11 9.7 -3.4
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.2 80 -21 6.3 -6.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 20 8.5 -4.6
ROSC Hartford Multifactor Small Cap ETF 0.2 34 25 12.2 -0.9
SCHE Schwab Emerging Markets Equity ETF 0.2 11 48 8.8 -4.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.2 42 17 6.8 -6.3
RNMC Mid Cap US Equity Select ETF 0.2 60 -1 9.2 -3.9
ISCB iShares Morningstar Small-Cap ETF 0.2 4 55 5.4 -7.6
SCHA Schwab U.S. Small-Cap ETF 0.2 4 55 5.8 -7.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -6 7.3 -5.8
VXF Vanguard Extended Market Index Fund 0.2 6 53 4.2 -8.9
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 0.2 19 40 8.8 -4.3
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.2 16 43 8.9 -4.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.2 25 34 8.1 -5.0
DUHP Dimensional US High Profitability ETF 0.2 22 37 8.8 -4.3
GCOW Pacer Global High Dividend ETF 0.2 60 -1 16.7 +3.6
SMDY Syntax Stratified MidCap ETF 0.2 35 24 8.4 -4.7
NUSC Nuveen ESG Small-Cap ETF 0.2 30 29 5.8 -7.3
EMFM Global X MSCI Next Emerging & Frontier ETF 0.2 63 -4 7.8 -5.3
RNDM First Trust Developed International Equity Select ETF 0.2 65 -6 7.0 -6.0
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.2 40 19 8.9 -4.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 52 6.1 -7.0
IDMO Invesco S&P International Developed Momentum ETF 0.2 25 34 8.2 -4.9
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.2 17 42 5.9 -7.2
SNPG Xtrackers S&P 500 Growth ESG ETF 0.2 15 44 6.4 -6.7
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 55 6.7 -6.3
VWO Vanguard FTSE Emerging Markets ETF 0.2 8 51 8.7 -4.3
RODE Hartford Multifactor Diversified International ETF 0.2 29 30 13.4 +0.3
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.2 6 53 5.8 -7.3
IUSG iShares Core S&P US Growth ETF 0.2 4 55 6.5 -6.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.2 20 39 7.4 -5.6
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 -16 6.6 -6.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 10 6.0 -7.1
EMGF iShares MSCI Emerging Markets Multifactor ETF 0.1 45 14 10.2 -2.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 50 4.9 -8.2
IVW iShares S&P 500 Growth ETF 0.1 18 41 6.3 -6.8
VOOG Vanguard S&P 500 Growth ETF 0.1 10 49 6.4 -6.7
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 55 6.5 -6.6
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 47 8.7 -4.4
SMMD iShares Russell 2500 ETF 0.1 15 44 6.5 -6.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 20 4.4 -8.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 35 9.1 -4.0
IMCV iShares Morningstar Mid-Cap Value ETF 0.1 6 53 9.4 -3.7
ILCG iShares Morningstar Growth ETF 0.1 4 55 5.0 -8.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -16 6.8 -6.3
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.1 15 44 8.0 -5.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 39 7.2 -5.9
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.1 50 9 3.6 -9.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 63 -4 3.8 -9.3
AMZA InfraCap MLP ETF 0.1 201 -142 2.7 -10.4
SSLY Syntax Stratified SmallCap ETF 0.1 35 24 7.7 -5.4
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -16 5.1 -7.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 39 20 6.7 -6.4
HDUS Hartford Disciplined US Equity ETF 0.1 19 40 7.4 -5.7
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.1 36 23 8.9 -4.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.1 15 44 7.2 -5.9
SLYG SPDR S&P 600 Small Cap Growth ETF 0.1 15 44 7.3 -5.8
IJT iShares S&P Small-Cap 600 Growth ETF 0.1 18 41 7.3 -5.8
JHMM John Hancock Multifactor Mid Cap ETF 0.1 41 18 8.0 -5.0
VIOO Vanguard S&P Small-Cap 600 ETF 0.1 10 49 8.5 -4.6
IJR iShares Core S&P Small Cap ETF 0.1 6 53 8.6 -4.5
SLY SPDR S&P 600 Small Cap ETF 0.1 15 44 8.5 -4.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.1 5 54 8.6 -4.5
IMCB iShares Morningstar Mid-Cap ETF 0.1 4 55 7.2 -5.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.1 15 44 9.8 -3.3
IJS iShares S&P Small-cap 600 Value ETF 0.1 18 41 9.8 -3.3
SLYV SPDR S&P 600 Small Cap Value ETF 0.1 15 44 9.8 -3.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.1 25 34 6.9 -6.2
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.1 30 29 6.3 -6.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 44 9.3 -3.8
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 25 6.7 -6.4
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 68 -9 6.6 -6.5
IGRO iShares International Dividend Growth ETF 0.1 15 44 9.3 -3.7
QDEF FlexShares Quality Dividend Defensive Index Fund 0.1 37 22 7.8 -5.3
DGT SPDR Global Dow ETF 0.1 50 9 8.1 -5.0
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.0 35 24 8.9 -4.2
IMCG iShares Morningstar Mid-Cap Growth ETF 0.0 6 53 5.2 -7.9
STXK Strive Small-Cap ETF 0.0 18 41 5.7 -7.4
LRGF iShares Edge MSCI Multifactor USA ETF 0.0 8 51 7.4 -5.7
FDEV Fidelity Targeted International Factor ETF 0.0 39 20 7.9 -5.2
SQEW LeaderShares Equity Skew ETF 0.0 75 -16 6.0 -7.1
DISV Dimensional International Small Cap Value ETF 0.0 42 17 10.3 -2.7
DFIS Dimensional International Small Cap ETF 0.0 39 20 6.7 -6.4
MLPA Global X MLP ETF 0.0 46 13 5.2 -7.9
VSGX Vanguard ESG International Stock ETF 0.0 12 47 7.8 -5.3

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

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RESULTS & ESTIMATES

  2018 2019 2020 2021 2022 2023E 2024E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck 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 10.4 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 13.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 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.