VanEck Oil Refiners ETF
ALTAR
Score™		 9.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 17.3x P/Sales
ratio		 0.4x
P/BV
ratio		 1.4x Div.
yield		 3.6%


  • 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) $85
Currency USD
Expense ratio 61 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 31
Wgt avg mkt cap (mns) $19,156
Large cap (>$10bn) 52.8%
Mid cap ($2-10bn) 42.8%
Small cap (<$2bn) 4.4%
Developed mkts 63.8%
Emerging mkts 36.2%

TOP TEN HOLDINGS
PHILLIPS 66 7.8 %
JX HOLDINGS INC 7.0 %
RELIANCE INDS-SPONS GDR 144A 6.6 %
MARATHON PETROLEUM 6.6 %
VALERO ENERGY CORP 6.5 %
POLSKI KONCERN NAFTOWY SA 5.8 %
HYUNDAI ROBOTICS CO., LTD. 5.0 %
GALP ENERGIA SGPS SA-B SHRS 5.0 %
IDEMITSU KOSAN CO LTD 4.8 %
OMV AG 4.7 %
Total 59.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 28.9 %
JAPAN 14.9 %
SOUTH KOREA 12.3 %
INDIA 6.5 %
POLAND 5.8 %
PORTUGAL 5.0 %
AUSTRIA 4.6 %
HUNGARY 4.1 %
TURKEY 3.7 %
FINLAND 3.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
11.8% 49.9% 14.4% 11.5% 10.5%

Market Correlations
versus... Beta R-squared
S&P500 0.71 45%
MSCI EAFE 0.83 45%
MSCI Emg. Mkts. 0.75 43%

Technical Indicators
Recent close $44.78
30d moving avg. $42.10
Annualized volatility 18.1%
Short interest (ETF) 3.1%
Short interest (Underlying) 0.9%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 56
Turnover 3.0%
Bid/Ask (% of price) 0.67%
ADV underlying (mns) $1,077

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 586 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: 61 bp ALTAR Score™: 9.8%


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 22.0 40 21 10.7 +0.9
PXI Invesco Dorsey Wright Energy Momentum ETF 16.7 60 1 5.7 -4.2
XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF 15.4 35 26 11.1 +1.2
PXE Invesco Energy Exploration & Production ETF 14.9 60 1 13.1 +3.3
DRLL Strive U.S. Energy ETF 13.9 41 20 8.2 -1.7
RSPG Invesco S&P 500 Equal Weight Energy ETF 13.8 40 21 8.7 -1.2
XLE The Energy Select Sector SPDR Fund 11.0 8 53 7.1 -2.7
IYE iShares U.S. Energy ETF 9.8 40 21 6.9 -3.0
GXPE Global X PureCap MSCI Energy ETF 9.2 25 36 6.8 -3.0
FTXN First Trust Nasdaq Oil & Gas ETF 9.0 60 1 9.0 -0.8
VDE Vanguard Energy ETF 9.0 9 52 7.0 -2.9
FENY Fidelity MSCI Energy Index ETF 8.8 8 53 7.0 -2.8
IXC iShares Global Energy ETF 7.3 44 17 7.7 -2.1
FXN First Trust Energy AlphaDEX Fund 6.7 62 -1 11.0 +1.1
DGIN VanEck Digital India ETF 6.6 71 -10 1.4 -8.5
NDIA Global X India Active ETF 6.6 75 -14 4.4 -5.5
LYLD Cambria Large Cap Shareholder Yield ETF 6.3 59 2 8.1 -1.7
RDIV Invesco S&P Ultra Dividend Revenue ETF 6.2 39 22 9.7 -0.2
RFV Invesco S&P Midcap 400 Pure Value ETF 5.8 35 26 11.4 +1.5
EPOL iShares MSCI Poland ETF 5.8 59 2 9.1 -0.7
RPV Invesco S&P 500 Pure Value ETF 5.6 35 26 8.7 -1.1
SURE AdvisorShares Insiders Advantage ETF 5.6 90 -29 8.1 -1.8
VFLO VictoryShares Free Cash Flow ETF 5.5 39 22 8.0 -1.8
IGE iShares North American Natural Resources ETF 5.3 41 20 5.4 -4.4
EQRR ProShares Equities for Rising Rates ETF 5.2 35 26 6.4 -3.4
EWO iShares MSCI Austria ETF 4.7 50 11 7.8 -2.1
PWV Invesco Large Cap Value ETF 4.5 55 6 6.4 -3.4
EV Mast Global Battery Recycling & Production ETF 4.4 65 -4 6.2 -3.6
SMRI Bushido Capital US Equity ETF 4.4 71 -10 8.3 -1.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 4.3 70 -9 8.9 -1.0
NANR SPDR S&P North American Natural Resources ETF 4.3 35 26 6.0 -3.8
FDD First Trust Stoxx European Select Dividend Index Fund 4.3 58 3 9.9 +0.0
IDOG ALPS International Sector Dividend Dogs ETF 4.3 50 11 9.2 -0.6
SYLD Cambria Shareholder Yield ETF 4.2 59 2 10.4 +0.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.9 65 -4 7.7 -2.2
TUR iShares MSCI Turkey ETF 3.8 58 3 11.5 +1.7
QDIV Global X S&P 500 Quality Dividend ETF 3.7 20 41 7.5 -2.4
DVYE iShares Emerging Markets Dividend ETF 3.6 49 12 16.8 +7.0
SPVU Invesco S&P 500 Enhanced Value ETF 3.5 13 48 8.8 -1.1
AMZA InfraCap MLP ETF 3.4 164 -103 6.0 -3.9
GNR SPDR S&P Global Natural Resources ETF 3.3 40 21 8.1 -1.8
PKW Invesco Buyback Achievers ETF 3.3 62 -1 7.1 -2.7
LGCF Themes US Cash Flow Champions ETF 3.2 30 31 7.3 -2.6
VOE Vanguard Mid-Cap Value ETF 3.2 7 54 6.7 -3.2
USCF Themes US Cash Flow Champions ETF 3.2 29 32 7.9 -1.9
LVDS JPMorgan Fundamental Data Science Large Value ETF 3.1 49 12 5.0 -4.8
RVER Trenchless Fund ETF 3.1 65 -4 0.7 -9.1
DIVY Sound Equity Dividend Income ETF 3.1 45 16 7.8 -2.0
EFNL iShares MSCI Finland ETF 3.0 56 5 5.9 -3.9
FYLD Cambria Foreign Shareholder Yield ETF 3.0 59 2 10.2 +0.3
GVAL Cambria Global Value ETF 2.9 68 -7 8.6 -1.3
TCV Towle Value ETF 2.9 85 -24 10.1 +0.3
SMCF Themes US Small Cap Cash Flow Champions ETF 2.9 29 32 10.3 +0.4
RNIN Bushido Capital US SMID Cap Equity ETF 2.8 70 -9 11.5 +1.6
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 2.7 95 -34 10.1 +0.2
TEXN iShares Texas Equity ETF 2.7 20 41 5.3 -4.6
ONEY State Street SPDR Russell 1000 Yield Focus ETF 2.6 20 41 8.6 -1.3
HAP VanEck Natural Resources ETF 2.6 50 11 6.4 -3.5
RWK Invesco S&P MidCap 400 Revenue ETF 2.6 39 22 7.9 -1.9
SCHD Schwab US Dividend Equity ETF 2.5 6 55 8.0 -1.8
DVY iShares Select Dividend ETF 2.5 38 23 7.9 -2.0
WTV WisdomTree US Value Fund of Benef Interest 2.5 12 49 7.7 -2.2
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 2.4 25 36 5.3 -4.5
FEM First Trust Emerging Markets AlphaDEX Fund 2.4 80 -19 8.8 -1.1
UDI USCF Dividend Income Fund 2.4 65 -4 6.6 -3.2
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 2.3 49 12 7.4 -2.4
AVIE Avantis  Inflation Focused Equity ETF 2.3 25 36 5.9 -3.9
COWZ Pacer US Cash Cows 100 ETF 2.3 49 12 7.4 -2.4
GREK Global X MSCI Greece ETF 2.2 57 4 9.3 -0.5
IPKW Invesco International BuyBack Achievers ETF 2.2 55 6 7.8 -2.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.2 80 -19 7.1 -2.8
IMCV iShares Morningstar Mid-Cap Value ETF 2.2 6 55 6.9 -2.9
RWL Invesco S&P 500 Revenue ETF 2.2 39 22 5.9 -4.0
GQI Natixis Gateway Quality Income ETF 2.2 34 27 4.4 -5.5
MAGA Point Bridge America First ETF 2.2 72 -11 5.0 -4.9
SDEM Global X MSCI SuperDividend Emerging Markets ETF 2.1 67 -6 11.8 +2.0
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 2.1 60 1 8.0 -1.9
WWJD Inspire International ETF 2.1 80 -19 6.0 -3.8
IVAL Alpha Architect International Quantitative Value ETF 2.1 49 12 7.3 -2.6
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.1 54 7 5.7 -4.1
EFAS Global X MSCI SuperDividend EAFE ETF 2.0 57 4 7.3 -2.5
FNDX Schwab Fundamental US Large Co. Index ETF 2.0 25 36 6.4 -3.5
JPIN J.P. Morgan Diversified Return International Equity ETF 2.0 37 24 6.7 -3.1
DSMC Distillate Small/Mid Cash Flow ETF 2.0 55 6 11.2 +1.4
FTCE First Trust New Constructs Core Earnings Leaders ETF 2.0 60 1 4.7 -5.1
DEM WisdomTree Emerging Markets High Dividend Fund 2.0 63 -2 10.5 +0.7
LGRO Level Four Large Cap Growth Active ETF 1.9 55 6 3.8 -6.0
VAMO Cambria Value & Momentum ETF 1.9 61 0 5.1 -4.8
VO Vanguard Mid-Cap ETF 1.9 4 57 5.3 -4.6
MBOX Freedom Day Dividend ETF 1.9 39 22 6.9 -3.0
EMDM First Trust Bloomberg Emerging Market Democracies ETF 1.9 75 -14 6.4 -3.5
FNDB Schwab Fundamental US Broad Market Index ETF 1.9 25 36 6.4 -3.5
AFOS ARS Focused Opportunities Strategy ETF 1.9 45 16 2.1 -7.7
PSCE Invesco S&P SmallCap Energy ETF 1.9 29 32 7.3 -2.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.9 35 26 7.5 -2.3
DGLO First Trust RBA Deglobalization ETF 1.9 70 -9 5.3 -4.5
IWS iShares Russell Mid-Cap Value ETF 1.9 23 38 6.1 -3.7
EYLD Cambria Emerging Shareholder Yield ETF 1.8 66 -5 9.1 -0.7
EMMF WisdomTree Emerging Markets Multifactor Fund 1.8 48 13 8.6 -1.3
IUS Invesco RAFI Strategic US ETF 1.8 19 42 5.8 -4.0
WLDR Affinity World Leaders Equity ETF 1.8 67 -6 6.4 -3.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.8 58 3 7.3 -2.6
DFLV Dimensional US Large Cap Value ETF 1.8 22 39 6.2 -3.6
OAIM OneAscent International Equity ETF 1.7 95 -34 4.5 -5.3
VUSV Vanguard Wellington U.S. Val Actv ETF 1.7 30 31 5.7 -4.1
DFEV Dimensional Emerging Markets Value ETF 1.7 43 18 9.7 -0.2
EMC Global X Emerging Markets Great Consumer ETF 1.6 75 -14 7.1 -2.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.6 45 16 9.1 -0.8
NIXT Research Affiliates Deletions ETF 1.6 9 52 7.1 -2.8
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.6 49 12 8.6 -1.2
FEUZ First Trust Eurozone AlphaDEX ETF 1.6 80 -19 6.3 -3.5
EQIN Columbia US Equity Income ETF 1.6 35 26 6.0 -3.8
VRAI Virtus Real Asset Income ETF 1.6 55 6 8.7 -1.2
VLU State Street SPDR S&P 1500 Value Tilt ETF 1.6 12 49 6.3 -3.5
FTWO Strive FAANG 2.0 ETF 1.5 49 12 3.5 -6.4
IWR iShares Russell Midcap ETF 1.5 19 42 5.4 -4.4
PEY Invesco High Yield Equity Dividend Achievers ETF 1.5 52 9 9.1 -0.7
DSTL Distillate US Fundamental Stability & Value ETF 1.4 39 22 7.3 -2.6
DSTX Distillate International Fundamental Stability & Value ETF 1.4 55 6 6.2 -3.7
TPHD Timothy Plan High Dividend Stock ETF 1.4 52 9 5.8 -4.1
SSPY Syntax Stratified LargeCap ETF 1.4 30 31 6.0 -3.9
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.4 60 1 6.8 -3.0
FTA First Trust Large Cap Value AlphaDEX Fund 1.4 59 2 7.6 -2.3
PRXV Praxis Impact Large Cap Value ETF 1.4 36 25 5.6 -4.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 1.4 35 26 6.8 -3.1
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 1.4 20 41 6.1 -3.7
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 1.4 38 23 6.7 -3.1
QINT American Century Quality Diversified International ETF 1.3 39 22 6.4 -3.4
PRF Invesco FTSE RAFI US 1000 ETF 1.3 34 27 5.8 -4.0
IMCB iShares Morningstar Mid-Cap ETF 1.3 4 57 5.3 -4.5
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF 1.3 7 54 9.8 0.0
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 1.3 49 12 7.8 -2.1
FNDF Schwab Fundamental International Large Co. Index ETF 1.3 25 36 7.4 -2.5
SPEM SPDR Portfolio Emerging Markets ETF 1.3 7 54 9.2 -0.7
BLES Inspire Global Hope ETF 1.3 61 0 5.7 -4.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.3 24 37 6.5 -3.4
ROAM Hartford Multifactor Emerging Markets ETF 1.3 44 17 7.8 -2.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.3 29 32 5.7 -4.1
VFVA Vanguard U.S. Value Factor ETF 1.3 13 48 9.5 -0.4
GMF SPDR S&P Emerging Asia Pacific ETF 1.2 49 12 8.5 -1.4
CCNR ALPS CoreCommodity Natural Resources ETF 1.2 39 22 7.9 -2.0
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.2 65 -4 4.8 -5.1
FAB First Trust Multi Cap Value AlphaDEX Fund 1.2 67 -6 8.6 -1.3
DIM WisdomTree International MidCap Dividend Fund 1.2 58 3 6.0 -3.9
COPY Tweedy, Browne Insider + Value ETF 1.2 80 -19 15.0 +5.2
ULVM VictoryShares US Value Momentum ETF 1.2 20 41 6.2 -3.6
LEAD Siren DIVCON Leaders Dividend ETF 1.2 43 18 3.6 -6.3
EWJV iShares MSCI Japan Value ETF 1.2 15 46 6.7 -3.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.2 56 5 9.4 -0.5
DEUS Xtrackers Russell US Multifactor ETF 1.2 17 44 6.4 -3.5
EWY iShares MSCI South Korea ETF 1.1 58 3 3.9 -6.0
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.1 39 22 7.8 -2.0
AVES Avantis Emerging Markets Value ETF 1.1 36 25 8.5 -1.3
FYT First Trust Small Cap Value AlphaDEX Fund 1.1 73 -12 10.2 +0.4
STXV Strive 1000 Value ETF 1.1 18 43 6.8 -3.1
RJDI RJ Eagle GCM Dividend Select Income ETF 1.1 55 6 4.4 -5.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 1.1 53 8 5.3 -4.5
XOEF iShares S&P 500 ex S&P 100 ETF 1.1 20 41 4.7 -5.2
IDV iShares International Select Dividend ETF 1.1 51 10 8.8 -1.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.1 18 43 6.7 -3.1
DIVG Invesco S&P 500 High Dividend Growers ETF 1.1 39 22 7.3 -2.5
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 1.1 88 -27 8.0 -1.8
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.0 25 36 8.0 -1.8
FEX First Trust Large Cap Core AlphaDEX Fund 1.0 59 2 5.1 -4.8
FLKR Franklin FTSE South Korea ETF 1.0 9 52 5.0 -4.9
DFSV Dimensional US Small Cap Value ETF 1.0 31 30 8.9 -0.9
VIDI Vident International Equity Strategy ETF 1.0 61 0 8.1 -1.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.0 29 32 8.1 -1.7
DFIV Dimensional International Value ETF 1.0 27 34 7.6 -2.3
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -15 3.3 -6.6
VWID Virtus WMC International Dividend ETF 1.0 49 12 7.1 -2.8
SPGP Invesco S&P 500 GARP ETF 1.0 34 27 5.7 -4.2
JMOM JPMorgan U.S. Momentum Factor ETF 1.0 12 49 3.6 -6.2
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 1.0 39 22 13.3 +3.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.0 80 -19 6.4 -3.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.9 20 41 6.1 -3.8
LDEM iShares ESG MSCI EM Leaders ETF 0.9 17 44 11.4 +1.5
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 0.9 75 -14 2.1 -7.8
NUEM Nuveen ESG Emerging Markets Equity ETF 0.9 36 25 6.0 -3.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.9 50 11 8.2 -1.7
EIPX FT Energy Income Partners Strategy ETF 0.9 95 -34 5.9 -4.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.9 32 29 4.9 -4.9
ICPY Tweedy, Browne International Insider Value ETF 0.9 80 -19 21.3 +11.4
DFUV Dimensional US Marketwide Value ETF 0.9 22 39 6.3 -3.6
REVS Columbia Research Enhanced Value ETF 0.9 19 42 6.8 -3.0
VYM Vanguard High Dividend Yield Index ETF 0.9 6 55 6.0 -3.8
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.9 24 37 5.5 -4.4
UIVM VictoryShares International Value Momentum ETF 0.9 35 26 7.9 -2.0
TPIF Timothy Plan International ETF 0.9 62 -1 5.3 -4.5
FNK First Trust Mid Cap Value AlphaDEX Fund 0.9 70 -9 9.4 -0.4
GPT Intelligent Alpha Atlas ETF 0.9 69 -8 6.0 -3.8
DFVX Dimensional US Large Cap Vector ETF 0.8 22 39 5.3 -4.6
LRGF iShares U.S. Equity Factor ETF 0.8 8 53 4.8 -5.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.8 33 28 6.3 -3.6
CRTC Xtrackers US National Critical Technologies ETF 0.8 35 26 4.2 -5.6
PY Principal Value ETF 0.8 15 46 6.9 -2.9
WCEO Hypatia Women CEO ETF 0.8 85 -24 5.0 -4.9
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.8 58 3 4.8 -5.0
FMDE Fidelity Enhanced Mid Cap ETF 0.8 23 38 5.4 -4.4
MJSC MUFG Japan Small Cap Active ETF 0.8 85 -24 4.6 -5.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.8 45 16 6.7 -3.2
DXJ WisdomTree Japan Hedged Equity Fund 0.8 48 13 5.3 -4.6
THD iShares MSCI Thailand ETF 0.8 58 3 0.0 -9.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.8 44 17 8.8 -1.0
JPXN iShares JPX-Nikkei 400 ETF 0.8 48 13 5.3 -4.6
QLC FlexShares US Quality Large Cap Index Fund 0.8 25 36 4.7 -5.2
GLOF iShares Global Equity Factor ETF 0.8 20 41 5.7 -4.2
DEW WisdomTree Global High Dividend Fund 0.7 58 3 7.1 -2.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.7 18 43 7.8 -2.1
EBI Longview Advantage ETF 0.7 35 26 6.0 -3.8
FJP First Trust Japan AlphaDEX Fund 0.7 80 -19 6.8 -3.1
SFGV Sequoia Global Value ETF 0.7 23 38 6.9 -2.9
VTV Vanguard Value ETF 0.7 4 57 5.8 -4.0
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.7 15 46 7.8 -2.0
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.7 56 5 6.9 -3.0
FYX First Trust Small Cap Core AlphaDEX Fund 0.7 61 0 5.7 -4.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.7 22 39 5.4 -4.4
FEP First Trust Europe AlphaDEX Fund 0.7 80 -19 6.6 -3.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.7 38 23 7.0 -2.8
DES WisdomTree U.S. SmallCap Dividend Fund 0.7 38 23 8.3 -1.6
HLAL Wahed FTSE USA Shariah ETF 0.7 50 11 3.8 -6.0
EEMO Invesco S&P Emerging Markets Momentum ETF 0.7 29 32 7.4 -2.5
CWI SPDR MSCI ACWI ex-US ETF 0.7 30 31 6.3 -3.6
ESGD iShares ESG Aware MSCI EAFE ETF 0.7 20 41 5.6 -4.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.7 25 36 6.2 -3.6
ESGE iShares ESG Aware MSCI EM ETF 0.7 25 36 8.2 -1.6
IUSV iShares Core S&P US Value ETF 0.7 4 57 5.8 -4.1
IVE iShares S&P 500 Value ETF 0.7 18 43 5.5 -4.4
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.7 4 57 5.6 -4.2
FDEM Fidelity Emerging Markets Multifactor ETF 0.7 25 36 10.2 +0.3
VOOV Vanguard S&P 500 Value ETF 0.7 7 54 5.6 -4.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.7 25 36 5.9 -3.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.6 30 31 7.8 -2.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 10 51 7.9 -1.9
AVSC Avantis U.S Small Cap Equity ETF 0.6 25 36 4.9 -5.0
DSI iShares MSCI KLD 400 Social ETF 0.6 25 36 4.2 -5.6
EWJ iShares MSCI Japan ETF 0.6 50 11 4.8 -5.0
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.6 52 9 4.8 -5.1
DFAE Dimensional Emerging Core Equity Market ETF 0.6 35 26 7.0 -2.9
VLUE iShares MSCI USA Value Factor ETF 0.6 15 46 7.6 -2.2
AVIV Avantis International Large Cap Value ETF 0.6 25 36 6.7 -3.2
SUSL iShares ESG MSCI USA Leaders ETF 0.6 10 51 4.3 -5.6
RSP Invesco S&P 500 Equal Weight ETF 0.6 20 41 5.8 -4.0
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 33 5.7 -4.2
IWD iShares Russell 1000 Value ETF 0.6 19 42 5.5 -4.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.6 35 26 11.0 +1.1
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 52 5.5 -4.3
VONV Vanguard Russell 1000 Value ETF 0.6 7 54 5.6 -4.3
AFLG First Trust Active Factor Large Cap ETF 0.6 55 6 5.1 -4.8
SIZE iShares MSCI USA Size Factor ETF 0.6 15 46 5.5 -4.4
DLN WisdomTree U.S. LargeCap Dividend Fund 0.6 28 33 5.4 -4.4
VYMI Vanguard International High Dividend Yield ETF 0.6 17 44 7.8 -2.1
DON WisdomTree U.S. MidCap Dividend Fund 0.6 38 23 7.9 -2.0
AVEM Avantis Emerging Markets Equity ETF 0.6 33 28 7.1 -2.8
DXUV Dimensional US Vector Equity ETF 0.6 28 33 5.3 -4.6
TXS Texas Capital Texas Equity Index ETF 0.6 49 12 5.0 -4.9
CIL VictoryShares International Volatility Wtd ETF 0.6 45 16 5.7 -4.1
AUSF Global X Adaptive U.S. Factor ETF 0.6 27 34 7.9 -2.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 31 6.2 -3.6
NACP Impact Shares NAACP Minority Empowerment ETF 0.6 49 12 4.0 -5.8
ISCV iShares Morningstar Small Cap Value ETF 0.5 6 55 7.8 -2.1
BBJP JPMorgan BetaBuilders Japan ETF 0.5 19 42 5.2 -4.6
AFSM First Trust Active Factor Small Cap ETF 0.5 75 -14 6.1 -3.8
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.5 47 14 4.8 -5.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 52 4.9 -4.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.5 9 52 5.2 -4.6
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.5 19 42 4.9 -4.9
AVMC Avantis U.S. Mid Cap Equity ETF 0.5 18 43 6.0 -3.9
EMXC iShares MSCI Emerging Markets ex China ETF 0.5 25 36 5.3 -4.5
TTAC FCF US Quality ETF 0.5 59 2 5.2 -4.6
DFIC Dimensional International Core Equity 2 ETF 0.5 23 38 6.0 -3.9
ILCV iShares Morningstar Value ETF 0.5 4 57 5.4 -4.5
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.5 15 46 5.0 -4.8
FLJP Franklin FTSE Japan ETF 0.5 9 52 5.3 -4.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.5 12 49 5.5 -4.3
FLJH Franklin FTSE Japan Hedged ETF 0.5 9 52 5.2 -4.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.5 24 37 6.1 -3.8
DSPY Tema S&P 500 Historical Weight ETF 0.5 18 43 4.5 -5.3
DXIV Dimensional International Vector Equity ETF 0.5 34 27 6.3 -3.5
JHMD John Hancock Multifactor Developed International ETF 0.5 39 22 5.9 -3.9
DGRO iShares Core Dividend Growth ETF 0.5 8 53 5.5 -4.4
VPL Vanguard FTSE Pacific ETF 0.5 7 54 5.3 -4.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 22 5.9 -3.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.5 10 51 4.3 -5.6
DFSU Dimensional US Sustainability Core 1 ETF 0.5 18 43 4.7 -5.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.5 47 14 8.1 -1.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.5 30 31 5.8 -4.0
CFA VictoryShares US 500 Volatility Wtd ETF 0.5 35 26 5.2 -4.7
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.5 40 21 5.1 -4.7
SVAL iShares US Small Cap Value Factor ETF 0.5 20 41 7.5 -2.3
DCOR Dimensional US Core Equity 1 ETF 0.5 14 47 4.7 -5.2
DFAT Dimensional U.S. Targeted Value ETF 0.5 28 33 8.7 -1.2
JHEM John Hancock Multifactor Emerging Markets ETF 0.5 49 12 7.6 -2.3
XC WisdomTree Emerging Markets Ex-China Fund 0.5 32 29 5.7 -4.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 44 4.8 -5.1
EVUS iShares ESG Aware MSCI USA Value ETF 0.5 18 43 5.6 -4.2
XMAG Defiance Large Cap ex-Mag 7 ETF 0.5 35 26 4.5 -5.4
ENHU iShares Enhanced Large Cap Core Actv ETF 0.5 22 39 4.2 -5.6
AVUS Avantis U.S. Equity ETF 0.5 15 46 4.9 -5.0
RECS Columbia Research Enhanced Core ETF 0.5 15 46 5.4 -4.5
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.5 40 21 6.3 -3.6
SCHV Schwab U.S. Large-Cap Value ETF 0.4 4 57 5.7 -4.2
JVAL JPMorgan U.S. Value Factor ETF 0.4 12 49 7.2 -2.7
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 1 6.2 -3.7
IPAC iShares Core MSCI Pacific ETF 0.4 9 52 5.4 -4.5
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 49 5.9 -3.9
AVDE Avantis International Equity ETF 0.4 23 38 6.0 -3.9
JHML John Hancock Multifactor Large Cap ETF 0.4 29 32 4.6 -5.3
STOX Horizon Core Equity ETF 0.4 70 -9 3.7 -6.2
JHID John Hancock International High Dividend ETF 0.4 46 15 7.8 -2.1
QWLD SPDR MSCI World StrategicFactors ETF 0.4 30 31 5.1 -4.8
SFTY Horizon Managed Risk ETF 0.4 77 -16 3.6 -6.3
DAK Dakota Active Equity ETF 0.4 43 18 3.8 -6.1
FLDZ RiverNorth Patriot ETF 0.4 75 -14 5.5 -4.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.4 39 22 2.4 -7.5
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 9 52 4.8 -5.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.4 14 47 5.2 -4.7
DFAU Dimensional US Core Equity Market ETF 0.4 12 49 4.4 -5.4
HFXI IQ FTSE International Equity Currency Neutral ETF 0.4 20 41 5.6 -4.2
JSML Janus Henderson Small Cap Growth Alpha ETF 0.4 30 31 2.8 -7.1
EFV iShares MSCI EAFE Value ETF 0.4 34 27 7.3 -2.6
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 46 6.1 -3.7
TOPC iShares S&P 500 3% Capped ETF 0.4 15 46 4.5 -5.4
DFAS Dimensional U.S. Small Cap ETF 0.4 26 35 5.6 -4.2
EEM iShares MSCI Emerging Markets ETF 0.4 69 -8 7.8 -2.0
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 51 4.4 -5.4
NUDM Nuveen ESG International Developed Markets Equity ETF 0.4 31 30 5.4 -4.5
PSC Principal U.S. Small-Cap ETF 0.4 38 23 3.8 -6.0
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.4 35 26 6.4 -3.4
MDY SPDR S&P Midcap 400 ETF Trust 0.4 23 38 5.9 -4.0
IJH iShares Core S&P Mid-Cap ETF 0.4 5 56 6.1 -3.8
IMCG iShares Morningstar Mid-Cap Growth ETF 0.4 6 55 3.5 -6.3
PTL Inspire 500 ETF 0.4 9 52 4.5 -5.3
RNEM First Trust Emerging Markets Equity Select ETF 0.4 75 -14 7.3 -2.5
RAUS RACWI US ETF 0.4 15 46 4.3 -5.6
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.4 20 41 7.1 -2.8
XCNY SPDR S&P Emerging Markets ex-China ETF 0.4 15 46 5.7 -4.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.4 17 44 5.1 -4.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.4 45 16 8.1 -1.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 41 5.4 -4.5
EES WisdomTree U.S. SmallCap Fund 0.4 38 23 8.2 -1.7
XVV iShares ESG Screened S&P 500 ETF 0.4 8 53 4.2 -5.6
SCHF Schwab International Equity ETF 0.4 6 55 5.9 -4.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.4 75 -14 3.3 -6.6
FESM Fidelity Enhanced Small Cap ETF 0.4 28 33 2.5 -7.4
DHS WisdomTree U.S. High Dividend Fund 0.4 38 23 7.9 -1.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.4 66 -5 7.4 -2.4
QGRO American Century U.S. Quality Growth ETF 0.4 29 32 3.9 -6.0
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 52 6.4 -3.4
IEMG iShares Core MSCI Emerging Markets ETF 0.3 9 52 8.2 -1.7
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 58 6.1 -3.8
EZU iShares MSCI Eurozone ETF 0.3 52 9 5.4 -4.5
INTF iShares International Equity Factor ETF 0.3 15 46 6.3 -3.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.3 9 52 4.5 -5.4
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 26 5.0 -4.9
IQSI IQ Candriam International Equity ETF 0.3 15 46 5.3 -4.5
FUNL CornerCap Fundametrics Large-Cap ETF 0.3 50 11 6.1 -3.7
TOV JLens 500 Jewish Advocacy U.S. ETF 0.3 18 43 4.0 -5.8
STRV Strive 500 ETF 0.3 5 56 4.2 -5.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.3 41 20 6.8 -3.1
PATN Pacer Nasdaq International Patent Leaders ETF 0.3 65 -4 4.4 -5.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.3 20 41 4.4 -5.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 32 4.1 -5.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.3 15 46 6.8 -3.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 36 5.0 -4.8
SMOX Horizon Small/Mid Cap Core Equity ETF 0.3 75 -14 5.4 -4.4
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 41 4.1 -5.8
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.3 12 49 3.7 -6.2
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.3 3 58 4.5 -5.4
IVLU iShares MSCI Intl Value Factor ETF 0.3 30 31 7.8 -2.0
VEA Vanguard FTSE Developed Markets ETF 0.3 3 58 5.8 -4.0
GXLC Global X U.S. 500 ETF 0.3 2 59 4.2 -5.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.3 19 42 5.0 -4.8
CHRI Global X S&P 500 Christian Values ETF 0.3 29 32 4.1 -5.8
VV Vanguard Large-Cap ETF 0.3 4 57 4.2 -5.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 41 5.6 -4.2
IVV iShares Core S&P 500 ETF 0.3 3 58 4.3 -5.5
PPIE Putnam PanAgora ESG International Equity ETF 0.3 49 12 6.2 -3.7
FLAU Franklin FTSE Australia ETF 0.3 9 52 5.6 -4.2
SPY SPDR S&P 500 ETF 0.3 9 52 4.3 -5.6
SPYM State Street SPDR Portfolio S&P 500 ETF 0.3 2 59 4.3 -5.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.3 11 50 4.5 -5.4
SCHX Schwab U.S. Large-Cap ETF 0.3 3 58 4.4 -5.5
DFUS Dimensional U.S. Equity ETF 0.3 9 52 4.2 -5.7
IWB iShares Russell 1000 ETF 0.3 15 46 4.3 -5.6
VOO Vanguard S&P 500 ETF 0.3 3 58 4.3 -5.5
IWV iShares Russell 3000 ETF 0.3 20 41 4.1 -5.7
IYY iShares Dow Jones U.S. ETF 0.3 20 41 4.2 -5.7
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 7 54 6.1 -3.8
GVLU Gotham 1000 Value ETF 0.3 50 11 8.0 -1.9
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 58 4.2 -5.6
DFAI Dimensional International Core Equity Market ETF 0.3 18 43 5.8 -4.0
SCHB Schwab U.S. Broad Market ETF 0.3 3 58 4.3 -5.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 58 4.3 -5.6
SCHK Schwab 1000 Index ETF 0.3 5 56 4.4 -5.5
RVRB Reverb ETF 0.3 30 31 4.0 -5.8
VT Vanguard Total World Stock ETF 0.3 6 55 5.1 -4.8
VONE Vanguard Russell 1000 ETF 0.3 7 54 4.3 -5.5
URTH iShares MSCI World ETF 0.3 24 37 4.4 -5.4
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 49 12 13.0 +3.2
VTI Vanguard Total Stock Market ETF 0.3 3 58 4.2 -5.6
AFMC First Trust Active Factor Mid Cap ETF 0.3 65 -4 7.1 -2.7
VBR Vanguard Small Cap Value ETF 0.3 7 54 7.8 -2.0
SPXN ProShares S&P 500 Ex-Financials ETF 0.3 9 52 4.1 -5.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 37 7.1 -2.7
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 46 5.1 -4.7
VTHR Vanguard Russell 3000 ETF 0.3 7 54 4.2 -5.6
FPX First Trust US Equity Opportunities ETF 0.3 61 0 0.9 -8.9
ACWI iShares MSCI ACWI ETF 0.3 32 29 4.7 -5.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 58 5.7 -4.1
IWN iShares Russell 2000 Value ETF 0.3 24 37 5.0 -4.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 4 57 6.6 -3.3
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 52 5.9 -3.9
GSPY Gotham Enhanced 500 ETF 0.3 50 11 4.5 -5.3
FENI Fidelity Enhanced International ETF 0.3 28 33 5.6 -4.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.3 45 16 5.5 -4.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 52 4.4 -5.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 52 3.9 -5.9
BKIE BNY Mellon International Equity ETF 0.3 4 57 5.8 -4.1
DIHP Dimensional International High Profitability ETF 0.3 29 32 5.4 -4.4
ACWX iShares MSCI ACWI ex U.S. ETF 0.3 34 27 6.2 -3.6
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 19 3.7 -6.1
VTWV Vanguard Russell 2000 Value ETF 0.3 10 51 5.1 -4.7
AIEQ AI Powered Equity ETF 0.3 75 -14 3.8 -6.1
VIG Vanguard Dividend Appreciation ETF 0.3 5 56 4.9 -5.0
ISCB iShares Morningstar Small-Cap ETF 0.3 4 57 5.4 -4.4
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 9 52 4.1 -5.8
XCEM Columbia EM Core ex-China ETF 0.3 16 45 5.1 -4.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 43 6.2 -3.6
PBUS Invesco MSCI USA ETF 0.3 4 57 4.3 -5.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.3 33 28 6.8 -3.0
DOL WisdomTree International LargeCap Dividend Fund 0.3 48 13 5.5 -4.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 15 7.3 -2.5
TOK iShares MSCI Kokusai ETF 0.3 26 35 4.4 -5.5
STXE Strive Emerging Markets Ex-China ETF 0.3 32 29 5.6 -4.3
VGK Vanguard FTSE Europe ETF 0.3 6 55 6.3 -3.6
MNZL Manzil Russell Halal USA Broad MarketETF 0.3 40 21 3.9 -5.9
IXUS iShares Core MSCI Total International Stock ETF 0.3 7 54 6.4 -3.4
FLEE Franklin FTSE Europe ETF 0.3 9 52 6.0 -3.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 29 7.4 -2.4
VXUS Vanguard Total International Stock ETF 0.3 5 56 6.5 -3.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 54 4.2 -5.6
DTH WisdomTree International High Dividend Fund 0.3 58 3 7.0 -2.8
EFA iShares MSCI EAFE ETF 0.3 35 26 5.5 -4.3
SPEU SPDR Portfolio Europe ETF 0.3 7 54 6.2 -3.7
USEW Cambria US EW ETF 0.3 30 31 4.2 -5.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 47 4.3 -5.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 61 4.3 -5.6
IEFA iShares Core MSCI EAFE ETF 0.3 7 54 5.8 -4.0
WOMN Impact Shares YWCA Women's Empowerment ETF 0.3 75 -14 4.8 -5.0
IWM iShares Russell 2000 ETF 0.3 19 42 2.8 -7.1
VEXC Vanguard Emerging Markets Ex-China ETF 0.3 7 54 5.7 -4.2
AVUV Avantis U.S. Small Cap Value ETF 0.3 25 36 8.2 -1.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 20 6.0 -3.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 59 4.3 -5.6
VOTE TCW Transform 500 ETF 0.3 5 56 4.2 -5.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 50 4.2 -5.6
RSSL Global X Russell 2000 ETF 0.3 8 53 2.8 -7.0
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 46 4.3 -5.6
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 57 3.4 -6.4
IGRO iShares International Dividend Growth ETF 0.2 15 46 6.5 -3.4
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 46 5.1 -4.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 25 7.6 -2.2
DEHP Dimensional Emerging Markets High Profitability ETF 0.2 41 20 5.0 -4.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 36 25 5.3 -4.5
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 57 5.8 -4.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 22 6.7 -3.2
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 50 7.9 -1.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 26 5.5 -4.4
HAPI Harbor Human Capital Factor US Large Cap ETF 0.2 36 25 4.2 -5.6
EZM WisdomTree U.S. MidCap Fund 0.2 38 23 8.0 -1.9
STXM Strive Mid-Cap ETF 0.2 18 43 5.3 -4.5
ECON Columbia Emerging Markets Consumer ETF 0.2 49 12 6.9 -2.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.2 15 46 6.4 -3.4
SCJ iShares MSCI Japan Small-Cap ETF 0.2 50 11 5.4 -4.5
WSML iShares MSCI World Small-Cap ETF 0.2 15 46 5.3 -4.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 52 4.5 -5.4
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.2 15 46 8.0 -1.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 32 6.6 -3.3
XJR iShares ESG Screened S&P Small-Cap ETF 0.2 12 49 6.4 -3.4
IWO iShares Russell 2000 Growth ETF 0.2 24 37 0.5 -9.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -9 6.2 -3.7
VTWO Vanguard Russell 2000 ETF 0.2 7 54 2.9 -6.9
DWM WisdomTree International Equity Fund 0.2 48 13 5.4 -4.5
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 12 4.8 -5.1
PFM Invesco Dividend Achievers ETF 0.2 53 8 4.6 -5.2
FDMO Fidelity Momentum Factor ETF 0.2 15 46 2.6 -7.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.2 9 52 7.2 -2.6
IQDF FlexShares International Quality Dividend Index Fund 0.2 47 14 7.5 -2.4
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 0.2 12 49 6.8 -3.0
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 0.2 12 49 3.5 -6.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 21 5.9 -3.9
IJS iShares S&P Small-Cap 600 Value ETF 0.2 18 43 9.2 -0.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.2 47 14 7.4 -2.5
ISMD Inspire Small/Mid Cap ETF 0.2 54 7 5.5 -4.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.2 35 26 6.4 -3.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 41 4.2 -5.6
VXF Vanguard Extended Market ETF 0.2 5 56 3.9 -5.9
SUSA iShares MSCI USA ESG Select ETF 0.2 25 36 4.1 -5.7
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 27 4.9 -5.0
EEMA iShares MSCI Emerging Markets Asia ETF 0.2 49 12 7.7 -2.2
IJR iShares Core S&P Small Cap ETF 0.2 6 55 6.5 -3.3
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 38 2.8 -7.1
SGLC SGI U.S. Large Cap Core ETF 0.2 85 -24 3.8 -6.0
IEV iShares Europe ETF 0.2 67 -6 5.6 -4.3
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.2 15 46 9.3 -0.6
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 57 6.0 -3.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.2 10 51 9.2 -0.6
SCHA Schwab U.S. Small-Cap ETF 0.2 4 57 4.6 -5.2
IJT iShares S&P Small-Cap 600 Growth ETF 0.2 18 43 3.8 -6.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 21 5.4 -4.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 2 8.3 -1.5
EPS WisdomTree U.S. LargeCap Fund 0.2 8 53 4.9 -4.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 57 5.5 -4.3
AVMV Avantis U.S. Mid Cap Value ETF 0.2 20 41 7.2 -2.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.2 58 3 8.0 -1.9
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.2 3 58 6.6 -3.2
SFY SoFi Select 500 ETF 0.2 0 61 3.9 -5.9
VIOO Vanguard S&P Small-Cap 600 ETF 0.2 7 54 6.4 -3.4
VB Vanguard Small-Cap ETF 0.2 5 56 5.3 -4.6
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.2 15 46 3.8 -6.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.2 46 15 5.4 -4.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.2 19 42 7.3 -2.6
EMGF iShares Emerging Markets Equity Factor ETF 0.2 25 36 9.0 -0.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.2 10 51 3.8 -6.1
VTWG Vanguard Russell 2000 Growth ETF 0.2 10 51 0.7 -9.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 70 -9 7.1 -2.8
IEUR iShares Core MSCI Europe ETF 0.2 11 50 6.1 -3.8
STXK Strive Small-Cap ETF 0.2 18 43 5.2 -4.6
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 57 5.3 -4.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 36 6.1 -3.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.2 30 31 8.0 -1.8
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.2 18 43 5.0 -4.9
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 33 4.9 -5.0
SCHE Schwab Emerging Markets Equity ETF 0.2 11 50 9.1 -0.8
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 46 5.9 -3.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 54 5.4 -4.5
FLTW Franklin FTSE Taiwan ETF 0.2 19 42 4.4 -5.5
NUSC Nuveen ESG Small-Cap ETF 0.2 31 30 4.9 -4.9
APUE ActivePassive U.S. Equity ETF 0.1 45 16 4.1 -5.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.1 32 29 5.1 -4.8
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 31 4.5 -5.3
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 56 7.4 -2.4
ACVF American Conservative Values ETF 0.1 75 -14 3.8 -6.1
EFG iShares MSCI EAFE Growth ETF 0.1 36 25 3.6 -6.2
PRXG Praxis Impact Large Cap Growth ETF 0.1 36 25 3.2 -6.7
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 54 8.8 -1.0
SFYX SoFi Next 500 ETF 0.1 0 61 5.0 -4.9
DFIS Dimensional International Small Cap ETF 0.1 39 22 5.9 -4.0
OPTZ Optimize Strategy Index ETF 0.1 50 11 3.9 -6.0
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 32 5.2 -4.6
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 48 1.8 -8.1
SMMD iShares Russell 2500 ETF 0.1 15 46 5.7 -4.1
QLV FlexShares US Quality Low Volatility Index Fund 0.1 22 39 4.9 -5.0
DIVN Horizon Dividend Income ETF 0.1 70 -9 6.2 -3.6
GEW Cambria Global EW ETF 0.1 29 32 5.3 -4.5
DWMF WisdomTree International Multifactor Fund 0.1 38 23 6.3 -3.5
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 19 5.4 -4.5
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 31 5.3 -4.6
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 41 5.5 -4.4
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 46 4.7 -5.2
AVDV Avantis International Small Cap Value ETF 0.1 36 25 7.4 -2.5
AVUQ Avantis U.S. Quality ETF 0.1 15 46 3.6 -6.2
ILCG iShares Morningstar Growth ETF 0.1 4 57 3.2 -6.7
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 37 5.4 -4.5
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 29 4.1 -5.8
JHSC John Hancock Multifactor Small Cap ETF 0.1 42 19 5.9 -3.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 36 5.5 -4.4
HDUS Hartford Disciplined US Equity ETF 0.1 19 42 4.9 -5.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 22 3.6 -6.2
DGT State Street SPDR Global Dow ETF 0.0 50 11 5.7 -4.2
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 43 5.8 -4.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 46 8.8 -1.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 41 5.4 -4.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 32 4.0 -5.8
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.0 25 36 4.2 -5.6
DUHP Dimensional US High Profitability ETF 0.0 21 40 5.0 -4.8
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 49 3.4 -6.4
IWF iShares Russell 1000 Growth ETF 0.0 19 42 3.4 -6.4
VONG Vanguard Russell 1000 Growth ETF 0.0 7 54 3.6 -6.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 19 4.3 -5.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.0 42 19 3.9 -6.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 31 3.9 -5.9
DISV Dimensional International Small Cap Value ETF 0.0 42 19 7.7 -2.1
VSGX Vanguard ESG International Stock ETF 0.0 10 51 6.5 -3.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 53 6.0 -3.8

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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 14.2 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 61 bp
Equals: ALTAR Score 9.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.70 CATEGORY
AVERAGE		 1.57
 
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.