Global X CleanTech ETF
ALTAR
Score™		 1.6% info Recommen-
dation		 UNDERWEIGHT
2022E    2023E
P/E
ratio		 25.8x P/Sales
ratio		 1.1x
P/BV
ratio		 2.0x Div.
yield		 1.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
CTEC invests in companies that stand to benefit from the increased adoption of technologies that inhibit or reduce negative environmental impacts. This includes companies involved in renewable energy production, energy storage, smart grid implementation, residential/commercial energy efficiency, and/or the production and provision of pollution-reducing products and solutions.

FUND BASICS
Category Global Equities
Fund Sponsor Global X
Website www.globalxetfs.com
Inception date Oct 29, 2020
Assets (mns) $100
Currency USD
Expense ratio 50 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 40
Wgt avg mkt cap (mns) $8,661
Large cap (>$10bn) 29.5%
Mid cap ($2-10bn) 49.7%
Small cap (<$2bn) 18.6%
Developed mkts 69.4%
Emerging mkts 30.6%

TOP TEN HOLDINGS
SAMSUNG SDI CO LTD 8.5 %
ENPHASE ENERGY INC 6.7 %
XINYI SOLAR HOLDINGS LTD 6.1 %
SOLAREDGE TECHNOLOGIES, INC. 5.6 %
VESTAS WIND SYSTEMS A/S 5.1 %
FIRST SOLAR INC 4.8 %
JOHNSON MATTHEY PLC 4.5 %
PLUG POWER INC 4.4 %
GAMESA CORP TECNOLOGICA SA 3.9 %
HANWHA CHEMICAL CORP 3.9 %
Total 53.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 34.9 %
SOUTH KOREA 15.2 %
CHINA 13.4 %
BRITAIN 7.7 %
GERMANY 5.7 %
DENMARK 5.1 %
SPAIN 3.9 %
HONG KONG 3.0 %
CANADA 3.0 %
TAIWAN 2.5 %

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.
-19.6% -30.4% -- -- -4.2%

Market Correlations
versus... Beta R-squared
S&P500 1.42 27%
MSCI EAFE 1.36 27%
MSCI Emg. Mkts. 1.96 40%

Technical Indicators
Recent close $12.83
30d moving avg. $14.83
Annualized volatility 45.0%
Short interest (ETF) 0.6%
Relative strength (RSI) 33

Liquidity measures
Avg. volume (thou.) 55
Turnover 0.7%
Bid/Ask (% of price) 0.82%
ADV underlying (mns) $2,183

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 531 potential alternatives to the Global X CleanTech ETF ETF based on the alternatives' overlap in portfolio holdings with CTEC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CTEC Expense: 50 bp ALTAR Score™: 1.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CTEC
Ticker Fund
Name		 Overlap1
vs CTEC
(%)		 Expense
ratio
(bp)		 Savings
vs CTEC
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs CTEC
(%)
ICLN iShares Global Clean Energy ETF 43.1 42 8 2.1 +0.5
TAN Invesco Solar ETF 39.0 69 -19 2.3 +0.7
FRNW Fidelity Clean Energy ETF 35.2 39 11 2.0 +0.5
VCLN Virtus Duff & Phelps Clean Energy ETF 33.2 59 -9 0.0 -1.6
RAYS Global X Solar ETF 31.7 50 0 2.4 +0.8
SOLR SmartETFs Sustainable Energy II Fund 24.8 79 -29 4.2 +2.6
SHFT iClima Distributed Renewable Energy Transition Leaders ETF 24.1 65 -15 -1.7 -3.3
SMOG VanEck Low Carbon Energy ETF 23.4 62 -12 1.9 +0.4
PBD Invesco Global Clean Energy ETF 23.3 75 -25 -0.7 -2.2
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 22.1 60 -10 -1.1 -2.7
ACES ALPS Clean Energy ETF 21.7 55 -5 -0.6 -2.2
CNRG SPDR S&P Kensho Clean Power ETF 19.6 45 5 1.9 +0.3
PBW Invesco WilderHill Clean Energy ETF 19.0 61 -11 -8.1 -9.7
ERTH Invesco MSCI Sustainable Future ETF 18.7 55 -5 4.2 +2.7
BNE Blue Horizon BNE ETF 18.0 87 -37 2.1 +0.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 16.0 45 5 3.4 +1.8
HYDR Global X Hydrogen ETF 15.5 50 0 -16.7 -18.2
CLMA iClima Global Decarbonization Transition Leaders ETF 14.6 65 -15 2.2 +0.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 14.1 70 -20 4.1 +2.5
HJEN Direxion Hydrogen ETF 13.8 45 5 -3.2 -4.8
HDRO Defiance Next Gen H2 ETF 13.8 30 20 -4.6 -6.1
MVPS Amplify Thematic All-Stars ETF 13.0 49 1 2.1 +0.6
DTOX Amplify Cleaner Living ETF 11.3 59 -9 -0.9 -2.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 10.9 45 5 4.0 +2.4
KGRN KraneShares MSCI China Clean Technology Index ETF 10.9 79 -29 7.8 +6.3
SDG iShares Sustainable MSCI Global Impact ETF 10.5 49 1 8.6 +7.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 9.5 39 11 -1.1 -2.7
CHIK Global X MSCI China Information Technology ETF 9.4 65 -15 5.9 +4.4
WNDY Global X Wind Energy ETF 8.9 50 0 3.9 +2.4
FAN First Trust Global Wind Energy ETF 8.8 62 -12 3.8 +2.2
TEMP JPMorgan Climate Change Solutions ETF 8.1 49 1 4.6 +3.0
WWOW Direxion World Without Waste ETF 8.1 50 0 0.6 -1.0
NZRO Strategy Shares Halt Climate Change ETF 7.8 95 -45 1.9 +0.3
CLNR IQ Cleaner Transport ETF 7.8 45 5 6.9 +5.4
ZGEN Generation Z ETF 7.6 60 -10 -5.6 -7.1
LIT Global X Lithium & Battery Tech ETF 6.9 75 -25 2.9 +1.3
BATT Amplify Lithium & Battery Technology ETF 6.9 59 -9 2.7 +1.1
EKAR Innovation Shares NextGen Vehicles & Technology ETF 6.9 65 -15 5.7 +4.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 6.4 70 -20 5.0 +3.4
MOTO SmartETFs Smart Transportation & Technology ETF 5.9 68 -18 7.0 +5.4
BSEA ETFMG Breakwave Sea Decarbonization Tech ETF 5.9 75 -25 0.7 -0.9
BECO BlackRock Future Climate and Sustainable Economy ETF 5.8 70 -20 4.9 +3.3
GSFP Goldman Sachs Future Planet Equity ETF 5.7 75 -25 3.8 +2.2
ISRA VanEck Israel ETF 5.6 62 -12 7.0 +5.4
ITEQ BlueStar Israel Technology ETF 5.6 75 -25 1.7 +0.1
DRIV Global X Autonomous & Electric Vehicles ETF 5.6 68 -18 4.4 +2.9
DTEC ALPS Disruptive Technologies ETF 5.2 50 0 4.2 +2.6
EDEN iShares MSCI Denmark Capped ETF 5.1 53 -3 4.9 +3.4
FXN First Trust Energy AlphaDEX Fund 4.9 64 -14 6.7 +5.1
IQM Franklin Intelligent Machines ETF 4.9 50 0 3.7 +2.1
OCEN IQ Clean Oceans ETF 4.6 45 5 6.5 +4.9
TCHI iShares MSCI China Multisector Tech ETF 4.5 59 -9 4.0 +2.5
XSD SPDR S&P Semiconductor ETF 4.5 35 15 6.1 +4.5
FCA First Trust China AlphaDEX Fund 4.1 80 -30 17.4 +15.8
EWY iShares MSCI South Korea ETF 3.9 59 -9 8.9 +7.3
FLKR Franklin FTSE South Korea ETF 3.7 9 41 9.7 +8.2
BKES BNY Mellon Sustainable Global Emerging Markets ETF 3.6 11 39 4.8 +3.3
PGJ Invesco Golden Dragon China ETF 3.5 69 -19 2.5 +0.9
ECOZ TrueMark ESG Active Opportunities ETF 3.3 58 -8 5.0 +3.4
ERSX ERShares NextGen Entrepreneurs ETF 3.3 75 -25 6.1 +4.5
QQQJ Invesco NASDAQ Next Gen 100 ETF 3.3 15 35 4.2 +2.6
KEJI Global X China Innovation ETF 3.1 75 -25 3.2 +1.7
GK AdvisorShares Gerber Kawasaki ETF 3.1 81 -31 4.4 +2.8
XT iShares Exponential Technologies ETF 3.0 46 4 4.3 +2.7
SPHB Invesco S&P 500 High Beta ETF 3.0 25 25 5.4 +3.8
CHII Global X MSCI China Industrials ETF 2.9 66 -16 12.8 +11.2
KGHG KraneShares Global Carbon Transformation ETF 2.8 89 -39 6.2 +4.7
ETHO Etho Climate Leadership U.S. ETF 2.8 48 2 4.6 +3.1
SIMS SPDR S&P Kensho Intelligent Structures ETF 2.7 45 5 2.4 +0.9
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 2.6 20 30 5.1 +3.5
BKIS BNY Mellon Sustainable International Equity ETF 2.5 70 -20 5.5 +3.9
EWGS iShares MSCI Germany Small Cap ETF 2.4 59 -9 6.8 +5.2
RPG Invesco S&P 500 Pure Growth ETF 2.4 35 15 6.8 +5.2
IYE iShares U.S. Energy ETF 2.4 42 8 4.3 +2.7
FEVR Inspire Faithward Large Cap Momentum ESG ETF 2.4 85 -35 4.8 +3.2
QQQN VictoryShares Nasdaq Next 50 ETF 2.4 18 32 6.1 +4.5
RYT Invesco S&P 500 Equal Weight Technology ETF 2.3 40 10 6.5 +4.9
JZRO Janus Henderson Net Zero Transition Resources ETF 2.2 60 -10 6.5 +4.9
KOMP SPDR Kensho New Economies Composite ETF 2.2 20 30 0.9 -0.7
BTEK BlackRock Future Tech ETF 2.1 88 -38 0.6 -1.0
ECNS iShares MSCI China Small-Cap ETF 2.0 59 -9 13.2 +11.6
FFND Future Fund Active ETF 2.0 101 -51 2.2 +0.6
HAIL SPDR S&P Kensho Smart Mobility ETF 2.0 45 5 3.2 +1.7
SPRX Spear Alpha ETF 2.0 75 -25 1.7 +0.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.9 70 -20 -12.8 -14.3
EWP iShares MSCI Spain ETF 1.9 51 -1 7.7 +6.2
NETZ Engine No 1 Transform Climate ETF 1.9 75 -25 6.2 +4.6
PABU iShares Paris-Aligned Climate MSCI USA ETF 1.7 10 40 5.6 +4.0
IZRL ARK Israel Innovative Technology ETF 1.7 49 1 -7.7 -9.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.7 12 38 5.9 +4.3
FNI First Trust Chindia ETF 1.7 60 -10 2.3 +0.8
IDRV iShares Self-driving EV & Tech ETF 1.6 47 3 7.2 +5.6
KESG KraneShares MSCI China ESG Leaders Index ETF 1.5 59 -9 9.1 +7.6
PRN Invesco DWA Industrials Momentum ETF 1.5 60 -10 6.4 +4.9
FEDX Emles Federal Contractors ETF 1.5 60 -10 7.8 +6.2
SLT Pacer Salt High truBeta US Market ETF 1.4 60 -10 0.0 -1.6
GLCN VanEck China Growth Leaders ETF 1.4 60 -10 8.5 +6.9
CARZ First Trust NASDAQ Global Auto Index Fund 1.4 70 -20 5.3 +3.7
RFFC RiverFront Dynamic US Flex-Cap ETF 1.3 52 -2 5.6 +4.0
LDEM iShares ESG MSCI EM Leaders ETF 1.3 16 34 8.7 +7.1
NZUS SPDR MSCI USA Climate Paris Aligned ETF 1.3 10 40 5.7 +4.1
JHMT John Hancock Multifactor Technology ETF 1.3 40 10 6.3 +4.7
AIIQ AI Powered International Equity ETF 1.3 79 -29 5.2 +3.7
XITK SPDR FactSet Innovative Technology ETF 1.3 45 5 -3.2 -4.8
NTZO Impact Shares MSCI Global Climate Select ETF 1.3 30 20 5.8 +4.3
BUZZ VanEck Social Sentiment ETF 1.3 75 -25 0.5 -1.1
IMCG iShares Morningstar Mid-Cap Growth ETF 1.2 6 44 4.5 +3.0
BICK First Trust BICK Index Fund 1.2 64 -14 5.0 +3.4
NORW Global X MSCI Norway ETF 1.2 51 -1 3.7 +2.2
ENOR iShares MSCI Norway ETF 1.2 53 -3 3.7 +2.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.1 20 30 7.6 +6.0
FTXR First Trust Nasdaq Transportation ETF 1.1 60 -10 5.6 +4.1
GXF Global X FTSE Nordic Region ETF 1.1 51 -1 4.7 +3.1
NUMG Nuveen ESG Mid-Cap Growth ETF 1.1 30 20 4.3 +2.7
EDIV SPDR S&P Emerging Markets Dividend ETF 1.1 49 1 17.0 +15.5
AIA iShares Asia 50 ETF 1.1 50 0 8.9 +7.4
SNSR Global X Internet of Things Thematic ETF 1.1 68 -18 5.1 +3.5
DWAS Invesco DWA SmallCap Momentum ETF 1.0 60 -10 4.4 +2.9
EMMF WisdomTree Emerging Markets Multifactor Fund 1.0 48 2 11.3 +9.7
VOT Vanguard Mid-Cap Growth Index Fund 1.0 7 43 4.1 +2.6
IWP iShares Russell Mid-Cap Growth ETF 1.0 23 27 4.3 +2.8
MOON Direxion Moonshot Innovators ETF 1.0 65 -15 -21.6 -23.1
FRDM Freedom 100 Emerging Markets ETF 1.0 49 1 9.0 +7.4
EQAL Invesco Russell 1000 Equal Weight ETF 1.0 20 30 6.2 +4.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.0 65 -15 10.2 +8.6
AVEM Avantis Emerging Markets Equity ETF 1.0 33 17 10.2 +8.7
FSST Fidelity Sustainability U.S. Equity ETF 0.9 59 -9 5.9 +4.3
XCEM Columbia EM Core ex-China ETF 0.9 16 34 7.3 +5.7
FYC First Trust Small Cap Growth AlphaDEX Fund 0.9 71 -21 2.7 +1.2
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 0.9 69 -19 6.5 +5.0
RESE WisdomTree Emerging Markets ESG Fund 0.9 32 18 8.1 +6.5
BOSS Global X Founder-Run Companies ETF 0.9 45 5 2.9 +1.3
FPXI First Trust International Equity Opportunities ETF 0.9 70 -20 2.9 +1.3
ECLN First Trust EIP Carbon Impact ETF 0.9 97 -47 3.3 +1.7
EEMA iShares MSCI Emerging Markets Asia ETF 0.9 50 0 7.8 +6.3
BKUS BNY Mellon Sustainable US Equity ETF 0.9 60 -10 5.2 +3.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.9 32 18 6.9 +5.3
CTRU ARK Transparency ETF 0.9 55 -5 2.8 +1.2
AIRR First Trust RBA American Industrial Renaissance ETF 0.9 70 -20 6.7 +5.1
AVES Avantis Emerging Markets Value ETF 0.8 36 14 13.6 +12.0
WGRO WisdomTree U.S. Growth & Momentum Fund 0.8 55 -5 7.1 +5.6
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.8 32 18 6.3 +4.7
ESGE iShares ESG Aware MSCI EM ETF 0.8 25 25 8.7 +7.1
PTF Invesco DWA Technology Momentum ETF 0.8 60 -10 4.7 +3.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 25 25 7.3 +5.7
SCHM Schwab U.S. Mid-Cap ETF 0.8 4 46 6.4 +4.8
IEUS iShares MSCI Europe Small-Cap ETF 0.8 40 10 5.2 +3.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.8 30 20 8.3 +6.7
UMMA Wahed Dow Jones Islamic World ETF 0.8 65 -15 5.2 +3.6
PEXL Pacer US Export Leaders ETF 0.8 60 -10 6.3 +4.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.8 70 -20 7.4 +5.8
MCHI iShares MSCI China ETF 0.8 59 -9 9.8 +8.2
GXC SPDR S&P China ETF 0.7 59 -9 10.1 +8.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.7 71 -21 7.1 +5.5
RNDM First Trust Developed International Equity Select ETF 0.7 65 -15 6.4 +4.8
DFE WisdomTree Europe SmallCap Dividend Fund 0.7 58 -8 8.8 +7.2
SMMD iShares Russell 2500 ETF 0.7 15 35 6.4 +4.9
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.7 50 0 3.1 +1.6
RFDI First Trust Riverfront Dynamic Developed International ETF 0.7 83 -33 9.6 +8.0
BKEM BNY Mellon Emerging Markets Equity ETF 0.7 11 39 8.1 +6.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.7 95 -45 2.4 +0.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.7 66 -16 7.4 +5.9
EEM iShares MSCI Emerging Markets ETF 0.6 70 -20 8.1 +6.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.6 4 46 6.1 +4.5
IEMG iShares Core MSCI Emerging Markets ETF 0.6 11 39 8.6 +7.0
FLAX Franklin FTSE Asia Ex Japan ETF 0.6 19 31 7.8 +6.3
NUEM Nuveen ESG Emerging Markets Equity ETF 0.6 35 15 7.8 +6.2
FTC First Trust Large Cap Growth AlphaDEX Fund 0.6 60 -10 5.2 +3.7
JHMM John Hancock Multifactor Mid Cap ETF 0.6 41 9 6.7 +5.1
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 46 6.0 +4.4
IWO iShares Russell 2000 Growth ETF 0.6 24 26 1.0 -0.6
EMXC iShares MSCI Emerging Markets ex China ETF 0.6 25 25 7.8 +6.2
AIVI WisdomTree International AI Enhanced Value Fund 0.6 58 -8 8.5 +6.9
VTWG Vanguard Russell 2000 Growth Index Fund 0.6 15 35 1.0 -0.5
JHEM John Hancock Multifactor Emerging Markets ETF 0.6 49 1 9.1 +7.5
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 0.6 45 5 14.0 +12.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 11 39 6.1 +4.5
FLCH Franklin FTSE China ETF 0.6 19 31 9.9 +8.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.6 80 -30 10.4 +8.8
DVYE iShares Emerging Markets Dividend ETF 0.6 49 1 27.8 +26.2
EWN iShares MSCI Netherlands ETF 0.6 51 -1 5.1 +3.5
JEMA JPMorgan Emerging Markets Equity Core ETF 0.6 39 11 8.0 +6.4
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 44 1.5 -0.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 63 -13 4.5 +2.9
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.6 35 15 12.3 +10.7
WWJD Inspire International ESG ETF 0.6 80 -30 6.1 +4.5
IFRA iShares U.S. Infrastructure ETF 0.5 30 20 6.1 +4.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.5 36 14 7.8 +6.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.5 45 5 2.1 +0.6
EWUS iShares MSCI United Kingdom Small Cap ETF 0.5 59 -9 6.2 +4.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.5 15 35 8.6 +7.1
IXN iShares Global Tech ETF 0.5 43 7 5.3 +3.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.5 39 11 9.3 +7.7
FSMD Fidelity Small-Mid Factor ETF 0.5 29 21 8.4 +6.8
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.5 15 35 6.8 +5.2
IJK iShares S&P Mid-Cap 400 Growth ETF 0.5 17 33 6.7 +5.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.5 15 35 6.7 +5.1
AVDV Avantis International Small Cap Value ETF 0.5 36 14 7.1 +5.6
FNK First Trust Mid Cap Value AlphaDEX Fund 0.5 70 -20 9.6 +8.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 43 5.6 +4.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.5 41 9 8.7 +7.2
HAP VanEck Natural Resources ETF 0.5 49 1 6.4 +4.8
DFAE Dimensional Emerging Core Equity Market ETF 0.5 35 15 8.9 +7.4
VO Vanguard Mid-Cap Index Fund 0.5 4 46 5.6 +4.1
NUSC Nuveen ESG Small-Cap ETF 0.5 30 20 5.7 +4.1
DBGR Xtrackers MSCI Germany Hedged Equity ETF 0.5 45 5 7.4 +5.8
VBK Vanguard Small-Cap Growth Index Fund 0.5 7 43 2.5 +0.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 26 7.6 +6.0
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 41 6.0 +4.4
GBGR Global Beta Momentum-Growth ETF 0.5 29 21 1.9 +0.3
CSML IQ Chaikin U.S. Small Cap ETF 0.5 35 15 5.8 +4.2
REMG SPDR Bloomberg SASB Emerging Markets ESG Select ETF 0.4 16 34 8.9 +7.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 30 6.9 +5.3
RESD WisdomTree International ESG Fund 0.4 30 20 7.0 +5.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 10 5.6 +4.1
TMFX Motley Fool Next Index ETF 0.4 50 0 3.7 +2.1
SSPY Syntax Stratified LargeCap ETF 0.4 30 20 6.4 +4.8
CN Xtrackers MSCI All China Equity ETF 0.4 50 0 10.2 +8.6
VXF Vanguard Extended Market Index Fund 0.4 6 44 2.6 +1.0
IUSS Invesco Strategic US Small Company ETF 0.4 23 27 6.2 +4.6
FIDU Fidelity MSCI Industrials Index ETF 0.4 8 42 6.1 +4.5
VUSE Vident Core US Equity Fund 0.4 48 2 10.1 +8.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.4 39 11 4.3 +2.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.4 15 35 8.1 +6.5
EXI iShares Global Industrials ETF 0.4 43 7 5.4 +3.8
FDEM Fidelity Emerging Markets Multifactor ETF 0.4 45 5 10.2 +8.7
DFIS Dimensional International Small Cap ETF 0.4 39 11 5.6 +4.1
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.4 40 10 7.3 +5.7
VIS Vanguard Industrials Index Fund 0.4 10 40 5.7 +4.1
XMHQ Invesco S&P MidCap Quality ETF 0.4 25 25 8.2 +6.6
BKF iShares MSCI BRIC ETF 0.4 70 -20 9.1 +7.5
IWR iShares Russell Midcap ETF 0.4 19 31 5.9 +4.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.4 9 41 5.0 +3.4
IQLT iShares Edge MSCI Intl Quality Factor ETF 0.4 30 20 6.4 +4.8
DIM WisdomTree International MidCap Dividend Fund 0.4 58 -8 7.8 +6.2
YPS Arrow Reverse Cap 500 ETF 0.4 29 21 6.1 +4.6
VPL Vanguard FTSE Pacific ETF 0.4 8 42 7.2 +5.7
DXGE WisdomTree Germany Hedged Equity Fund 0.4 48 2 8.2 +6.7
IEUR iShares Core MSCI Europe ETF 0.4 9 41 6.9 +5.3
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 38 7.6 +6.0
JSML Janus Henderson Small Cap Growth Alpha ETF 0.4 30 20 9.6 +8.1
IGM iShares Expanded Tech Sector ETF 0.4 43 7 5.3 +3.8
VSGX Vanguard ESG International Stock ETF 0.4 12 38 7.2 +5.7
IQDG WisdomTree International Quality Dividend Growth Fund 0.4 42 8 6.7 +5.1
XLK Technology Select Sector SPDR Fund 0.4 10 40 6.0 +4.4
FTEC Fidelity MSCI Information Technology Index ETF 0.4 8 42 5.7 +4.1
VGT Vanguard Information Technology Index Fund 0.4 10 40 5.7 +4.1
RYJ Invesco Raymond James SB-1 Equity ETF 0.4 75 -25 3.6 +2.0
IQIN IQ 500 International ETF 0.4 25 25 8.2 +6.6
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.4 17 33 5.5 +3.9
DFIV Dimensional International Value ETF 0.4 35 15 9.5 +8.0
BKSE BNY Mellon US Small Cap Core Equity ETF 0.4 4 46 5.9 +4.3
DGT SPDR Global Dow ETF 0.4 50 0 7.5 +6.0
SCHC Schwab International Small-Cap Equity ETF 0.4 11 39 5.6 +4.0
MDY SPDR S&P Midcap 400 ETF Trust 0.4 23 27 7.3 +5.8
SFYX Sofi Next 500 ETF 0.4 0 50 6.6 +5.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 35 7.8 +6.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.4 59 -9 10.6 +9.0
IJH iShares Core S&P Mid-Cap ETF 0.4 5 45 7.5 +5.9
SPMD SPDR Portfolio Mid Cap ETF 0.4 5 45 7.5 +5.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.4 58 -8 6.5 +4.9
EFG iShares MSCI EAFE Growth ETF 0.4 40 10 4.5 +2.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 10 40 7.4 +5.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.4 14 36 6.3 +4.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 -15 8.1 +6.5
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.4 6 44 5.6 +4.0
HFXI IQ 50 Percent Hedged FTSE International ETF 0.4 20 30 7.1 +5.5
VB Vanguard Small-Cap ETF 0.4 5 45 6.1 +4.5
VGK Vanguard FTSE Europe ETF 0.3 8 42 6.9 +5.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 4 46 6.8 +5.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.3 31 19 8.4 +6.9
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 63 -13 8.4 +6.9
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.3 7 43 7.2 +5.7
SPEU SPDR Portfolio Europe ETF 0.3 9 41 6.8 +5.2
FEMS First Trust Emerging Markets Small Cap Alphadex Fund 0.3 80 -30 21.2 +19.6
IXUS ishares Core MSCI Total International Stock ETF 0.3 9 41 7.3 +5.7
RSP Invesco S&P 500 Equal Weight ETF 0.3 20 30 6.2 +4.7
IWM iShares Russell 2000 ETF 0.3 19 31 1.5 -0.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.3 49 1 7.8 +6.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.3 32 18 7.3 +5.7
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 60 -10 7.6 +6.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.3 9 41 5.7 +4.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.3 45 5 8.8 +7.2
IDLB Invesco FTSE International Low Beta Equal Weight ETF 0.3 45 5 7.1 +5.6
VTWO Vanguard Russell 2000 Index Fund 0.3 10 40 1.7 +0.2
VEA Vanguard FTSE Developed Markets ETF 0.3 5 45 7.1 +5.5
TPIF Timothy Plan International ETF 0.3 62 -12 6.7 +5.1
DISV Dimensional International Small Cap Value ETF 0.3 42 8 9.6 +8.0
SCHF Schwab International Equity ETF 0.3 6 44 7.3 +5.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.3 32 18 8.5 +7.0
DFEV Dimensional Emerging Markets Value ETF 0.3 43 7 13.3 +11.7
FLEE Franklin FTSE Europe ETF 0.3 9 41 7.1 +5.6
VXUS Vanguard Total International Stock ETF 0.3 8 42 7.4 +5.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 9 6.9 +5.3
SIZE iShares MSCI USA Size Factor ETF 0.3 15 35 6.2 +4.7
EMXF iShares ESG Advanced MSCI EM ETF 0.3 16 34 8.6 +7.0
JMIN JPMorgan U.S. Minimum Volatility ETF 0.3 12 38 5.9 +4.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.3 21 29 3.9 +2.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.3 58 -8 7.6 +6.0
FLEH Franklin FTSE Europe Hedged ETF 0.3 9 41 7.0 +5.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.3 46 4 6.6 +5.0
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 50 0 13.0 +11.5
BBEU JPMorgan BetaBuilders Europe ETF 0.3 9 41 7.1 +5.6
ESGD iShares MSCI EAFE ESG Optimized ETF 0.3 20 30 6.7 +5.2
ISCB iShares Morningstar Small-Cap ETF 0.3 4 46 5.1 +3.5
EURZ Xtrackers Eurozone Equity ETF 0.3 9 41 0.0 -1.6
DFIC Dimensional International Core Equity 2 ETF 0.3 23 27 6.8 +5.2
IEV iShares Europe ETF 0.3 59 -9 6.6 +5.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 1 4.9 +3.3
FEX First Trust Large Cap Core AlphaDEX Fund 0.3 59 -9 7.5 +5.9
VWO Vanguard FTSE Emerging Markets ETF 0.3 10 40 8.3 +6.8
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 8 42 7.4 +5.9
IQSI IQ Candriam ESG International Equity ETF 0.3 15 35 6.9 +5.3
ISZE iShares Edge MSCI Intl Size Factor ETF 0.3 30 20 6.5 +4.9
VBR Vanguard Small Cap Value Index Fund 0.3 7 43 8.2 +6.6
RESP WisdomTree US ESG Fund of Benef Interest 0.3 28 22 7.2 +5.7
BLES Inspire Global Hope Large Cap ETF 0.3 52 -2 5.7 +4.1
SMDY Syntax Stratified MidCap ETF 0.3 35 15 6.8 +5.2
SCHA Schwab U.S. Small-Cap ETF 0.3 4 46 5.5 +3.9
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.3 65 -15 6.4 +4.8
XPND First Trust Expanded Technology ETF 0.3 65 -15 5.7 +4.1
DFAI Dimensional International Core Equity Market ETF 0.3 18 32 6.7 +5.1
ENTR Entrepreneur 30 Fund 0.3 49 1 5.3 +3.8
GLIF AGFiQ Global Infrastructure ETF 0.3 45 5 4.5 +2.9
DMXF iShares ESG Advanced MSCI EAFE ETF 0.3 12 38 6.6 +5.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.3 4 46 4.6 +3.1
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 40 5.9 +4.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.3 45 5 8.0 +6.5
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 37 6.0 +4.4
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.3 25 25 6.0 +4.5
CWI SPDR MSCI ACWI ex-US ETF 0.3 30 20 7.2 +5.6
VEGN US Vegan Climate ETF 0.3 60 -10 5.6 +4.1
ILCG iShares Morningstar Growth ETF 0.3 4 46 4.5 +2.9
AVDE Avantis International Equity ETF 0.2 23 27 7.7 +6.2
IEFA iShares Core MSCI EAFE ETF 0.2 7 43 6.8 +5.3
EWU iShares MSCI United Kingdom ETF 0.2 51 -1 7.7 +6.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.2 34 16 5.7 +4.2
IJJ iShares S&P Mid-Cap 400 Value ETF 0.2 18 32 8.2 +6.6
MDYV SPDR S&P 400 Mid Cap Value ETF 0.2 15 35 8.2 +6.7
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 15 35 8.2 +6.6
ISVL iShares International Developed Small Cap Value Factor ETF 0.2 30 20 8.1 +6.5
IDEV iShares Core MSCI International Developed Markets ETF 0.2 5 45 6.9 +5.3
AVIV Avantis International Large Cap Value ETF 0.2 25 25 9.9 +8.4
MXI iShares Global Materials ETF 0.2 43 7 7.1 +5.5
QEFA SPDR MSCI EAFE Quality Mix ETF 0.2 30 20 6.6 +5.0
CIL VictoryShares International Volatility Weighted Index ETF 0.2 45 5 6.8 +5.2
EZM WisdomTree U.S. MidCap Earnings Fund 0.2 38 12 9.8 +8.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 30 6.2 +4.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 6.1 +4.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.2 20 30 6.6 +5.0
SPEM SPDR Portfolio Emerging Markets ETF 0.2 11 39 8.7 +7.1
NULV Nuveen ESG Large-Cap Value ETF 0.2 25 25 7.1 +5.5
FTHI First Trust High Income ETF 0.2 85 -35 5.9 +4.4
VT Vanguard Total World Stock ETF 0.2 8 42 6.3 +4.7
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.2 16 34 8.1 +6.5
FLGB Franklin FTSE United Kingdom ETF 0.2 9 41 8.0 +6.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 19 31 6.6 +5.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 30 6.9 +5.4
EFA iShares MSCI EAFE ETF 0.2 32 18 6.7 +5.2
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 -8 9.0 +7.4
IUSG iShares Core S&P US Growth ETF 0.2 4 46 5.7 +4.1
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 11 9.2 +7.6
ACWI iShares MSCI ACWI ETF 0.2 32 18 6.1 +4.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 36 14 6.6 +5.1
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.2 58 -8 6.5 +4.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.2 39 11 7.4 +5.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 25 8.5 +6.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.2 30 20 9.4 +7.8
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.2 23 27 7.8 +6.2
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.2 35 15 6.6 +5.1
SPYG SPDR Portfolio S&P 500 Growth ETF 0.2 4 46 5.7 +4.1
SCHE Schwab Emerging Markets Equity ETF 0.2 11 39 8.3 +6.8
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 36 5.9 +4.3
VOOG Vanguard S&P 500 Growth ETF 0.2 10 40 5.6 +4.1
IVW iShares S&P 500 Growth ETF 0.2 18 32 5.5 +4.0
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 0.2 38 12 9.1 +7.5
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 41 6.0 +4.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 58 -8 6.4 +4.9
EMLP First Trust North American Energy Infrastructure Fund 0.2 96 -46 4.8 +3.2
RYLD Global X Russell 2000 Covered Call ETF 0.2 60 -10 1.2 -0.4
RDMX SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF 0.2 12 38 7.4 +5.8
NUDM Nuveen ESG International Developed Markets Equity ETF 0.2 30 20 6.3 +4.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.2 70 -20 4.4 +2.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 11 5.9 +4.3
IWF iShares Russell 1000 Growth ETF 0.2 19 31 5.4 +3.9
VONG Vanguard Russell 1000 Growth Index Fund 0.2 8 42 5.5 +4.0
ISMD Inspire Small/Mid Cap Impact ETF 0.2 57 -7 6.2 +4.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.2 47 3 6.5 +4.9
VUG Vanguard Growth Index Fund 0.2 4 46 4.9 +3.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 11 7.7 +6.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 32 7.4 +5.9
BKIE BNY Mellon International Equity ETF 0.2 4 46 7.1 +5.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 38 5.5 +3.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 47 5.6 +4.0
IETC iShares Evolved U.S. Technology ETF 0.2 18 32 5.3 +3.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 30 8.0 +6.4
SCHB Schwab U.S. Broad Market ETF 0.2 3 47 5.8 +4.3
OBOR KraneShares MSCI One Belt One Road Index ETF 0.1 79 -29 8.4 +6.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 41 6.0 +4.5
IMCV iShares Morningstar Mid-Cap Value ETF 0.1 6 44 7.2 +5.6
JHMD John Hancock Multifactor Developed International ETF 0.1 39 11 7.2 +5.6
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -39 6.4 +4.9
TOK iShares MSCI Kokusai ETF 0.1 25 25 5.9 +4.3
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 70 -20 9.9 +8.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 21 8.1 +6.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 25 7.5 +5.9
SCHX Schwab U.S. Large-Cap ETF 0.1 3 47 5.9 +4.3
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 47 5.9 +4.3
IWS iShares Russell Mid-Cap Value ETF 0.1 23 27 6.7 +5.1
IYY iShares Dow Jones U.S. ETF 0.1 20 30 5.7 +4.1
JHML John Hancock Multifactor Large Cap ETF 0.1 29 21 6.2 +4.6
SCHK Schwab 1000 Index ETF 0.1 5 45 5.9 +4.3
URTH iShares MSCI World ETF 0.1 24 26 5.9 +4.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 10 7.8 +6.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 15 35 6.1 +4.5
TPLC Timothy Plan US Large Cap Core ETF 0.1 52 -2 5.9 +4.3
DFAS Dimensional U.S. Small Cap ETF 0.1 34 16 6.7 +5.1
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 -13 15.7 +14.1
EMGF iShares MSCI Emerging Markets Multifactor ETF 0.1 45 5 11.8 +10.3
AVUS Avantis U.S. Equity ETF 0.1 15 35 6.8 +5.3
VOTE Engine No. 1 Transform 500 ETF 0.1 5 45 5.9 +4.3
DFAT Dimensional U.S. Targeted Value ETF 0.1 34 16 8.3 +6.8
IWV iShares Russell 3000 ETF 0.1 20 30 5.5 +3.9
JHSC John Hancock Multifactor Small Cap ETF 0.1 42 8 6.5 +4.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.1 25 25 6.3 +4.8
VTHR Vanguard Russell 3000 Index Fund 0.1 10 40 5.6 +4.1
DFUS Dimensional U.S. Equity ETF 0.1 11 39 5.9 +4.4
DFAU Dimensional US Core Equity Market ETF 0.1 12 38 6.2 +4.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 48 5.9 +4.4
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 27 23 5.6 +4.0
VTI Vanguard Total Stock Market Index Fund 0.1 3 47 5.5 +3.9
PBUS Invesco PureBeta MSCI USA ETF 0.1 4 46 5.9 +4.3
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 27 23 5.6 +4.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 49 1 5.2 +3.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 20 9.5 +8.0
XVV iShares ESG Screened S&P 500 ETF 0.1 8 42 6.0 +4.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 3 5.7 +4.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.1 60 -10 5.4 +3.8
GWX SPDR S&P International Small Cap ETF 0.1 40 10 4.3 +2.7
KALL KraneShares MSCI All China Index ETF 0.1 49 1 10.5 +9.0
VONE Vanguard Russell 1000 ETF 0.1 8 42 5.9 +4.3
IWB iShares Russell 1000 ETF 0.1 15 35 5.9 +4.3
TPSC Timothy Plan US Small Cap Core ETF 0.1 52 -2 8.3 +6.7
SPTM SPDR Portfolio Total Stock Market ETF 0.1 3 47 6.1 +4.6
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 27 23 5.9 +4.3
DTH WisdomTree International High Dividend Fund 0.1 58 -8 9.0 +7.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 30 5.9 +4.3
IWN iShares Russell 2000 Value ETF 0.1 24 26 2.2 +0.6
FDT First Trust Developed Markets ex-US Alphadex Fund 0.1 80 -30 9.7 +8.1
VOO VANGUARD S&P 500 ETF 0.1 3 47 6.0 +4.4
IVV iShares Core S&P 500 ETF 0.1 3 47 6.0 +4.4
SPLG SPDR Portfolio S&P 500 ETF 0.1 3 47 6.0 +4.4
SPY SPDR S&P 500 ETF Trust 0.1 9 41 5.9 +4.4
PBP Invesco S&P 500 BuyWrite ETF 0.1 49 1 5.5 +4.0
XYLG Global X S&P 500 Covered Call & Growth ETF 0.1 60 -10 5.4 +3.8
VTWV Vanguard Russell 2000 Value Index Fund 0.1 15 35 2.6 +1.1
XTR Global X S&P 500 Tail Risk ETF 0.1 60 -10 5.6 +4.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.1 25 25 8.1 +6.5
XCLR Global X S&P 500 Collar 95-110 ETF 0.1 60 -10 5.4 +3.9
XRMI Global X S&P 500 Risk Managed Income ETF 0.1 60 -10 5.4 +3.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 21 5.7 +4.1
DWM WisdomTree International Equity Fund 0.1 48 2 7.9 +6.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 25 7.4 +5.9
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.1 35 15 8.4 +6.8
HLAL Wahed FTSE USA Shariah ETF 0.1 50 0 5.3 +3.8
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 11 15.0 +13.4
FLGR Franklin FTSE Germany ETF 0.1 9 41 8.0 +6.4
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -9 2.5 +0.9
MTUM iShares MSCI USA Momentum Factor ETF 0.1 15 35 5.4 +3.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 11 7.1 +5.5
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.1 20 30 6.5 +4.9
VV Vanguard Large-Cap Index Fund 0.1 4 46 5.8 +4.3
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.1 35 15 6.5 +4.9
SFY SoFi Select 500 ETF 0.1 0 50 5.9 +4.4
IQSU IQ Candriam ESG US Equity ETF 0.1 9 41 5.9 +4.3
EZU iShares MSCI Eurozone ETF 0.1 51 -1 6.7 +5.1
EFV iShares MSCI EAFE Value ETF 0.1 39 11 8.6 +7.1
DUHP Dimensional US High Profitability ETF 0.1 22 28 7.7 +6.2
ESGU iShares MSCI USA ESG Optimized ETF 0.1 15 35 5.8 +4.3
SUSA iShares MSCI USA ESG Select ETF 0.1 25 25 5.8 +4.2
ACWF iShares MSCI Global Multifactor ETF 0.1 35 15 9.2 +7.6
VYMI Vanguard International High Dividend Yield ETF 0.1 27 23 10.2 +8.6
IYC iShares U.S. Consumer Services ETF 0.1 43 7 4.3 +2.8
SCHY Schwab International Dividend Equity ETF 0.1 14 36 8.5 +7.0
XVOL Acruence Active Hedge U.S. Equity ETF 0.1 83 -33 5.2 +3.6
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 20 6.2 +4.6
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.1 45 5 6.8 +5.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 43 5.9 +4.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.1 42 8 5.9 +4.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 30 6.8 +5.3
GSPY Gotham Enhanced 500 ETF 0.1 50 0 6.2 +4.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.1 20 30 10.2 +8.6
VONV Vanguard Russell 1000 Value Index Fund 0.0 8 42 7.1 +5.5
IWD iShares Russell 1000 Value ETF 0.0 19 31 6.9 +5.4
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 46 7.1 +5.5
AVSC Avantis U.S Small Cap Equity ETF 0.0 25 25 5.2 +3.6
EES WisdomTree SmallCap Earnings Fund 0.0 38 12 10.1 +8.5
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 44 8.0 +6.4
PXUS Principal International Adaptive Multi-Factor ETF 0.0 24 26 7.3 +5.7
VFQY Vanguard U.S. Quality Factor ETF 0.0 13 37 8.0 +6.4
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.8 +6.2
DOL WisdomTree International LargeCap Dividend Fund 0.0 48 2 7.8 +6.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 35 6.0 +4.4
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.0 24 26 7.6 +6.1
ILCV iShares Morningstar Value ETF 0.0 4 46 7.1 +5.5
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.0 52 -2 5.7 +4.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 -8 11.8 +10.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 33 7.6 +6.0
EPS WisdomTree U.S. Earnings 500 Fund 0.0 8 42 7.4 +5.8
IUSV iShares Core S&P U.S. Value ETF 0.0 4 46 6.8 +5.2
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 0.0 17 33 6.2 +4.6
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 11 7.2 +5.6
SQEW LeaderShares Equity Skew ETF 0.0 75 -25 6.3 +4.7
JIDA JPMorgan ActiveBuilders International Equity ETF 0.0 25 25 7.6 +6.1
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.0 35 15 8.2 +6.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 31 6.6 +5.0
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.0 35 15 6.4 +4.8
VFVA Vanguard U.S. Value Factor ETF 0.0 14 36 11.0 +9.4
RWL Invesco S&P 500 Revenue ETF 0.0 39 11 6.7 +5.2
IVE iShares S&P 500 Value ETF 0.0 18 32 6.6 +5.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.0 25 25 7.0 +5.5
SPYV SPDR Portfolio S&P 500 Value ETF 0.0 4 46 6.7 +5.1
VOOV Vanguard S&P 500 Value ETF 0.0 10 40 6.6 +5.1
VDNI V-Shares US Leadership Diversity ETF 0.0 29 21 6.2 +4.6
DEW WisdomTree Global High Dividend Fund 0.0 58 -8 8.2 +6.7
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 30 7.1 +5.5
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 6.7 +5.2
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 1 7.2 +5.6
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 35 6.4 +4.8
PDEV Principal International Multi-Factor Core Index ETF 0.0 25 25 0.0 -1.6
VCR Vanguard Consumer Discretionary Index Fund 0.0 10 40 5.4 +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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Global X CleanTech ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 4.1 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 1.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.54 CATEGORY
AVERAGE		 1.44
 
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.