VanEck Digital Transformation ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 42.3x P/Sales
ratio		 12.9x
P/BV
ratio		 0.0x Div.
yield		 0.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
DAPP tracks a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates Corp.
Website www.vaneck.com
Inception date Apr 09, 2021
Assets (mns) $354
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 27
Wgt avg mkt cap (mns) $13,204
Large cap (>$10bn) 29.0%
Mid cap ($2-10bn) 10.9%
Small cap (<$2bn) 60.1%
Developed mkts 92.3%
Emerging mkts 7.7%

TOP TEN HOLDINGS
IRIS ENERGY LTD. 8.0 %
BITMINE IMMERSION TECHNOLOGIES INC 7.3 %
CIPHER MINING INC 6.4 %
COINBASE GLOBAL, INC. CLASS A 6.4 %
APPLIED BLOCKCHAIN INC 6.3 %
CLEANSPARK, INC. 6.2 %
CIRCLE INTERNET GROUP INC 5.6 %
BLOCK INC. 5.3 %
GALAXY DIGITAL INC 5.0 %
MICROSTRATEGY INC-CL A 5.0 %
Total 61.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 64.5 %
AUSTRALIA 8.0 %
CANADA 5.4 %
CHINA 2.4 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
68.2% 89.2% -- -- -4.0%

Market Correlations
versus... Beta R-squared
S&P500 4.23 48%
MSCI EAFE 1.46 7%
MSCI Emg. Mkts. 1.00 4%

Technical Indicators
Recent close $22.00
30d moving avg. $23.87
Annualized volatility 79.3%
Short interest (ETF) 7.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 640
Turnover 4.0%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $8,037

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 356 potential alternatives to the VanEck Digital Transformation ETF ETF based on the alternatives' overlap in portfolio holdings with DAPP. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DAPP Expense: 50 bp ALTAR Score™: 0.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DAPP
Ticker Fund
Name		 Overlap1
vs DAPP
(%)		 Expense
ratio
(bp)		 Savings
vs DAPP
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DAPP
(%)
BITQ Bitwise Crypto Industry Innovators ETF 61.8 85 -35 -1.9 -1.9
BKCH Global X Blockchain ETF 61.7 50 0 -3.5 -3.5
WGMI Valkyrie Bitcoin Miners ETF 51.2 75 -25 -4.0 -4.0
IBLC iShares Blockchain and Tech ETF 46.2 47 3 -1.5 -1.5
FDIG Fidelity Crypto Industry and Digital Payments ETF 39.9 39 11 -0.8 -0.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 37.7 68 -18 3.9 +3.9
BLOK Amplify Transformational Data Sharing ETF 29.5 75 -25 0.3 +0.3
BCOR Grayscale Bitcoin Adopters ETF 27.0 59 -9 2.1 +2.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 25.9 61 -11 -0.6 -0.6
BWEB Bitwise Web3 ETF 23.1 85 -35 -0.1 -0.1
FINX Global X FinTech ETF 22.3 68 -18 2.9 +2.9
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 21.1 85 -35 0.0 0.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 17.5 61 -11 2.0 +2.0
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 14.6 65 -15 0.1 +0.1
ARKF ARK Fintech Innovation ETF 13.0 75 -25 0.2 +0.2
STCE Schwab Crypto Thematic ETF 12.5 30 20 2.3 +2.3
BUZZ VanEck Social Sentiment ETF 11.5 75 -25 -1.0 -1.0
ARKW ARK Next Generation Internet ETF 11.2 87 -37 0.7 +0.7
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 9.8 75 -25 5.8 +5.8
ARKK ARK Innovation ETF 9.8 75 -25 -2.5 -2.5
TMAT Main Thematic Innovation ETF 9.5 164 -114 -1.5 -1.5
XSW SPDR S&P Software & Services ETF 8.0 35 15 3.0 +3.0
BPAY BlackRock Future Financial and Technology ETF 7.5 70 -20 6.7 +6.7
FDFF Fidelity Disruptive Finance ETF 7.0 50 0 4.6 +4.6
PTF Invesco Dorsey Wright Technology Momentum ETF 6.5 60 -10 -1.1 -1.1
YALL God Bless America ETF 6.5 65 -15 4.5 +4.5
DTCR Global X Data Center & Digital Infrastructure ETF 6.3 50 0 3.6 +3.6
CBSE Clough Select Equity ETF 5.8 85 -35 0.8 +0.8
FFTY Innovator IBD 50 ETF 5.4 80 -30 -2.5 -2.5
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 5.1 40 10 4.4 +4.4
PSCT Invesco S&P SmallCap Information Technology ETF 5.1 29 21 4.6 +4.6
METV Roundhill Ball Metaverse ETF 4.5 59 -9 8.9 +8.9
SPYA Twin Oak Endure ETF 4.4 80 -30 -0.4 -0.4
DAT ProShares Big Data Refiners ETF 4.1 58 -8 2.5 +2.5
IWC iShares Micro-Cap ETF 4.0 60 -10 -1.6 -1.6
KOMP SPDR S&P Kensho New Economies Composite ETF 3.6 20 30 2.8 +2.8
IGV iShares Expanded Tech-Software Sector ETF 3.6 41 9 3.1 +3.1
FCLD Fidelity Cloud Computing ETF 3.5 39 11 3.3 +3.3
MVPA Miller Value Partners Appreciation ETF 3.3 60 -10 9.1 +9.1
VOT Vanguard Mid-Cap Growth ETF 3.1 7 43 3.5 +3.5
FYC First Trust Small Cap Growth AlphaDEX Fund 3.0 71 -21 -1.6 -1.6
RSPF Invesco S&P 500 Equal Weight Financials ETF 3.0 40 10 6.9 +6.9
SPHB Invesco S&P 500 High Beta ETF 2.7 25 25 5.1 +5.1
CLOD Themes Cloud Computing ETF 2.7 35 15 3.4 +3.4
MILN Global X Millennial Consumer ETF 2.6 50 0 4.2 +4.2
ALTL Pacer Lunt Large Cap Alternator ETF 2.6 60 -10 4.7 +4.7
IGPT Invesco AI and Next Gen Software ETF 2.6 60 -10 4.2 +4.2
GVIP Goldman Sachs Hedge Industry VIP ETF 2.5 45 5 3.2 +3.2
IWN iShares Russell 2000 Value ETF 2.5 24 26 7.9 +7.9
VTWV Vanguard Russell 2000 Value ETF 2.5 10 40 8.0 +8.0
GINN Goldman Sachs Innovate Equity ETF 2.3 52 -2 3.6 +3.6
FMKT The Free Markets ETF 2.2 76 -26 3.5 +3.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.0 35 15 3.8 +3.8
TRFK Pacer Data and Digital Revolution ETF 2.0 60 -10 2.8 +2.8
KCE SPDR S&P Capital Markets ETF 1.9 35 15 6.4 +6.4
FDG American Century Focused Dynamic Growth ETF 1.9 45 5 2.1 +2.1
PNQI Invesco NASDAQ Internet ETF 1.8 60 -10 3.6 +3.6
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.8 57 -7 3.9 +3.9
GRNY Fundstrat Granny Shots US Large Cap ETF 1.8 75 -25 2.6 +2.6
SFYF SoFi Social 50 ETF 1.8 29 21 1.0 +1.0
IJT iShares S&P Small-Cap 600 Growth ETF 1.8 18 32 5.6 +5.6
RSSL Global X Russell 2000 ETF 1.7 8 42 4.2 +4.2
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.7 20 30 4.8 +4.8
IMCG iShares Morningstar Mid-Cap Growth ETF 1.7 6 44 4.2 +4.2
LCLG Logan Capital Broad Innovative Growth ETF 1.7 99 -49 4.1 +4.1
SLYG SPDR S&P 600 Small Cap Growth ETF 1.7 15 35 5.6 +5.6
PWB Invesco Large Cap Growth ETF 1.7 56 -6 2.6 +2.6
STXK Strive Small-Cap ETF 1.7 18 32 6.1 +6.1
IWM iShares Russell 2000 ETF 1.6 19 31 4.3 +4.3
VTWO Vanguard Russell 2000 ETF 1.6 7 43 4.3 +4.3
XLF Financial Select Sector SPDR Fund 1.6 8 42 6.0 +6.0
FDMO Fidelity Momentum Factor ETF 1.6 15 35 3.6 +3.6
VXF Vanguard Extended Market ETF 1.6 5 45 4.8 +4.8
XNTK SPDR NYSE Technology ETF 1.5 35 15 3.5 +3.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.5 9 41 4.0 +4.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.5 10 40 5.7 +5.7
FXO First Trust Financials AlphaDEX Fund 1.4 62 -12 8.5 +8.5
ISCG iShares Morningstar Small-Cap Growth ETF 1.4 6 44 3.0 +3.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.4 64 -14 1.2 +1.2
FYX First Trust Small Cap Core AlphaDEX Fund 1.4 61 -11 5.9 +5.9
VFH Vanguard Financials ETF 1.3 9 41 6.7 +6.7
TRFM AAM Transformers ETF 1.3 49 1 1.2 +1.2
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.3 40 10 3.9 +3.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.3 70 -20 2.2 +2.2
FNCL Fidelity MSCI Financials Index ETF 1.3 8 42 6.7 +6.7
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.3 61 -11 7.2 +7.2
FFND Future Fund Active ETF 1.3 100 -50 3.8 +3.8
VO Vanguard Mid-Cap ETF 1.2 4 46 6.0 +6.0
VGT Vanguard Information Technology ETF 1.2 9 41 3.9 +3.9
IYF iShares U.S. Financials ETF 1.2 40 10 6.1 +6.1
IYG iShares US Financial Services ETF 1.2 40 10 5.5 +5.5
FXL First Trust Technology AlphaDEX Fund 1.2 61 -11 5.8 +5.8
CGGR Capital Group Growth ETF 1.1 39 11 3.4 +3.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.1 95 -45 0.2 +0.2
FMDE Fidelity Enhanced Mid Cap ETF 1.1 23 27 6.0 +6.0
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 1.1 29 21 6.9 +6.9
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.1 65 -15 2.3 +2.3
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 5 5.2 +5.2
DTEC ALPS Disruptive Technologies ETF 1.0 50 0 3.7 +3.7
BUYZ Franklin Disruptive Commerce ETF 1.0 50 0 2.5 +2.5
TIME Clockwise Core Equity & Innovation ETF 1.0 95 -45 3.9 +3.9
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 37 3.1 +3.1
IMCB iShares Morningstar Mid-Cap ETF 1.0 4 46 6.3 +6.3
IWS iShares Russell Mid-Cap Value ETF 1.0 23 27 7.3 +7.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.0 60 -10 -1.0 -1.0
PTL Inspire 500 ETF 1.0 9 41 5.4 +5.4
FTEC Fidelity MSCI Information Technology Index ETF 1.0 8 42 3.9 +3.9
IWR iShares Russell Midcap ETF 0.9 19 31 6.3 +6.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 15 4.2 +4.2
FDTX Fidelity Disruptive Technology ETF 0.9 50 0 2.5 +2.5
IJR iShares Core S&P Small Cap ETF 0.9 6 44 7.8 +7.8
XT iShares Exponential Technologies ETF 0.9 46 4 4.6 +4.6
GOP Unusual Whales Subversive Republican Trading ETF 0.9 50 0 5.5 +5.5
IXG iShares Global Financials ETF 0.9 42 8 6.7 +6.7
IWO iShares Russell 2000 Growth ETF 0.9 24 26 0.8 +0.8
VTWG Vanguard Russell 2000 Growth ETF 0.9 10 40 1.0 +1.0
AMID Argent Mid Cap ETF Argent Mid Cap ETF 0.9 52 -2 6.1 +6.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.9 59 -9 6.0 +6.0
VIOO Vanguard S&P Small-Cap 600 ETF 0.9 7 43 7.8 +7.8
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.8 3 47 7.8 +7.8
ISCB iShares Morningstar Small-Cap ETF 0.8 4 46 6.3 +6.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 46 5.9 +5.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.8 58 -8 4.5 +4.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.8 15 35 7.9 +7.9
MTUM iShares MSCI USA Momentum Factor ETF 0.8 15 35 3.7 +3.7
SPXM Azoria 500 Meritocracy ETF 0.8 47 3 4.5 +4.5
ITAN Sparkline Intangible Value ETF 0.8 50 0 6.6 +6.6
FTA First Trust Large Cap Value AlphaDEX Fund 0.8 59 -9 9.1 +9.1
XOEF iShares S&P 500 ex S&P 100 ETF 0.8 20 30 5.7 +5.7
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 1 7.0 +7.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.8 9 41 6.3 +6.3
IGM iShares Expanded Tech Sector ETF 0.8 41 9 3.7 +3.7
IWP iShares Russell Mid-Cap Growth ETF 0.7 23 27 3.3 +3.3
FTC First Trust Large Cap Growth AlphaDEX Fund 0.7 59 -9 2.0 +2.0
JAVA JPMorgan Active Value ETF 0.7 44 6 6.5 +6.5
PRXG Praxis Impact Large Cap Growth ETF 0.7 36 14 3.7 +3.7
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 21 4.9 +4.9
FBCG Fidelity Blue Chip Growth ETF 0.7 59 -9 2.9 +2.9
VUG Vanguard Growth ETF 0.7 4 46 4.1 +4.1
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 25 10.2 +10.2
SCHG Schwab U.S. Large-Cap Growth ETF 0.7 4 46 3.9 +3.9
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.7 17 33 6.0 +6.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 -10 7.1 +7.1
GQQQ Astoria US Quality Growth Kings ETF 0.6 35 15 4.7 +4.7
SFY SoFi Select 500 ETF 0.6 0 50 4.4 +4.4
SIZE iShares MSCI USA Size Factor ETF 0.6 15 35 6.2 +6.2
IYJ iShares U.S. Industrials ETF 0.6 40 10 4.8 +4.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.6 21 29 3.7 +3.7
IEDI iShares U.S. Consumer Focused ETF 0.6 18 32 5.9 +5.9
AIQ Global X Artificial Intelligence & Technology ETF 0.6 68 -18 3.5 +3.5
XJR iShares ESG Screened S&P Small-Cap ETF 0.6 12 38 7.7 +7.7
IWD iShares Russell 1000 Value ETF 0.6 19 31 6.5 +6.5
VONV Vanguard Russell 1000 Value ETF 0.5 7 43 6.7 +6.7
VBK Vanguard Small-Cap Growth ETF 0.5 7 43 1.8 +1.8
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 41 6.4 +6.4
IYW iShares U.S. Technology ETF 0.5 40 10 3.8 +3.8
DFAS Dimensional U.S. Small Cap ETF 0.5 26 24 6.8 +6.8
QQQ Invesco QQQ Trust Series I 0.5 20 30 4.1 +4.1
GLBL Pacer MSCI World Industry Advantage ETF 0.5 65 -15 4.2 +4.2
QQQM Invesco NASDAQ 100 ETF 0.5 15 35 4.1 +4.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.5 35 15 5.2 +5.2
AVMC Avantis U.S. Mid Cap Equity ETF 0.5 18 32 7.0 +7.0
IETC iShares U.S. Tech Independence Focused ETF 0.5 18 32 3.7 +3.7
VEGN US Vegan Climate ETF 0.5 60 -10 4.5 +4.5
LRND IQ U.S. Large Cap R&D Leaders ETF 0.5 14 36 5.1 +5.1
MODL VictoryShares WestEnd U.S. Sector ETF 0.4 42 8 4.6 +4.6
JHSC John Hancock Multifactor Small Cap ETF 0.4 42 8 6.9 +6.9
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 30 6.9 +6.9
KLMN Invesco MSCI North America Climate ETF 0.4 9 41 5.0 +5.0
AVSC Avantis U.S Small Cap Equity ETF 0.4 25 25 5.4 +5.4
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.4 52 -2 5.8 +5.8
OPTZ Optimize Strategy Index ETF 0.4 50 0 4.8 +4.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 58 -8 5.7 +5.7
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 22 4.2 +4.2
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 41 4.8 +4.8
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.4 49 1 3.8 +3.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.4 67 -17 10.3 +10.3
STXG Strive 1000 Growth ETF 0.4 18 32 3.8 +3.8
GXLC Global X U.S. 500 ETF 0.4 2 48 4.9 +4.9
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.4 10 40 5.2 +5.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 47 4.9 +4.9
VTI Vanguard Total Stock Market ETF 0.4 3 47 4.9 +4.9
MGK Vanguard Mega Cap Growth ETF 0.4 7 43 4.3 +4.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 43 4.8 +4.8
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 38 4.6 +4.6
IWV iShares Russell 3000 ETF 0.4 20 30 4.7 +4.7
VTHR Vanguard Russell 3000 ETF 0.4 7 43 4.9 +4.9
IWX iShares Russell Top 200 Value ETF 0.4 20 30 6.1 +6.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.4 0 50 4.9 +4.9
GXPT Global X PureCap MSCI Information Technology ETF 0.4 25 25 4.2 +4.2
PBUS Invesco MSCI USA ETF 0.4 4 46 4.9 +4.9
SCHA Schwab U.S. Small-Cap ETF 0.4 4 46 6.4 +6.4
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 40 4.8 +4.8
VV Vanguard Large-Cap ETF 0.3 4 46 4.8 +4.8
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 8 4.4 +4.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 38 4.6 +4.6
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.7 +3.7
ILCV iShares Morningstar Value ETF 0.3 4 46 6.4 +6.4
STRV Strive 500 ETF 0.3 5 45 4.8 +4.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 38 6.6 +6.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 39 4.9 +4.9
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 47 4.9 +4.9
AOTG AOT Growth and Innovation ETF 0.3 75 -25 2.0 +2.0
DCOR Dimensional US Core Equity 1 ETF 0.3 14 36 5.4 +5.4
SCHB Schwab U.S. Broad Market ETF 0.3 3 47 5.0 +5.0
SCHK Schwab 1000 Index ETF 0.3 5 45 5.0 +5.0
SCHX Schwab U.S. Large-Cap ETF 0.3 3 47 4.9 +4.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 48 4.9 +4.9
VOTE TCW Transform 500 ETF 0.3 5 45 4.9 +4.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 36 4.9 +4.9
TOV JLens 500 Jewish Advocacy U.S. ETF 0.3 18 32 4.7 +4.7
ILCG iShares Morningstar Growth ETF 0.3 4 46 3.8 +3.8
IYY iShares Dow Jones U.S. ETF 0.3 20 30 4.8 +4.8
IWB iShares Russell 1000 ETF 0.3 15 35 4.8 +4.8
SFYX SoFi Next 500 ETF 0.3 0 50 6.1 +6.1
VONE Vanguard Russell 1000 ETF 0.3 7 43 4.9 +4.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 33 5.6 +5.6
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 32 5.3 +5.3
DXUV Dimensional US Vector Equity ETF 0.3 28 22 6.2 +6.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 30 5.7 +5.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.3 9 41 5.6 +5.6
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 44 8.3 +8.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 25 5.6 +5.6
HLAL Wahed FTSE USA Shariah ETF 0.3 50 0 4.6 +4.6
APUE ActivePassive U.S. Equity ETF 0.3 45 5 4.7 +4.7
BLES Inspire Global Hope ETF 0.3 61 -11 6.9 +6.9
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 40 5.6 +5.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 38 4.0 +4.0
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 32 6.8 +6.8
FDN First Trust Dow Jones Internet Index Fund 0.3 52 -2 3.3 +3.3
FDND FT Vest Dow Jones Internet & Target Income ETF 0.3 75 -25 3.1 +3.1
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 44 9.6 +9.6
BFOR ALPS Barron's 400 ETF 0.3 65 -15 6.1 +6.1
AVUQ Avantis U.S. Quality ETF 0.3 15 35 4.4 +4.4
DSPY Tema S&P 500 Historical Weight ETF 0.3 18 32 5.2 +5.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 7.3 +7.3
TOPC iShares S&P 500 3% Capped ETF 0.3 15 35 5.1 +5.1
IVE iShares S&P 500 Value ETF 0.3 18 32 6.2 +6.2
VOOV Vanguard S&P 500 Value ETF 0.3 7 43 6.3 +6.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 41 5.1 +5.1
FELG Fidelity Enhanced Large Cap Growth ETF 0.3 18 32 4.7 +4.7
SPYV SPDR Portfolio S&P 500 Value ETF 0.3 4 46 6.3 +6.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 41 5.5 +5.5
DFVX Dimensional US Large Cap Vector ETF 0.3 22 28 6.4 +6.4
AVUS Avantis U.S. Equity ETF 0.3 15 35 5.8 +5.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 21 4.7 +4.7
CRTC Xtrackers US National Critical Technologies ETF 0.3 35 15 4.7 +4.7
TOK iShares MSCI Kokusai ETF 0.2 26 24 5.0 +5.0
IUSV iShares Core S&P US Value ETF 0.2 4 46 6.5 +6.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 39 5.0 +5.0
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 41 4.9 +4.9
ULVM VictoryShares US Value Momentum ETF 0.2 20 30 7.5 +7.5
VB Vanguard Small-Cap ETF 0.2 5 45 6.3 +6.3
XVV iShares ESG Screened S&P 500 ETF 0.2 8 42 4.8 +4.8
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 5.0 +5.0
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 30 4.1 +4.1
URTH iShares MSCI World ETF 0.2 24 26 5.0 +5.0
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 35 4.7 +4.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 11 5.9 +5.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 41 5.3 +5.3
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 31 5.5 +5.5
WRND IQ Global Equity R&D Leaders ETF 0.2 18 32 7.5 +7.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.2 20 30 4.7 +4.7
DFUS Dimensional U.S. Equity ETF 0.2 9 41 4.8 +4.8
RVRB Reverb ETF 0.2 30 20 4.6 +4.6
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 47 5.1 +5.1
IVV iShares Core S&P 500 ETF 0.2 3 47 4.9 +4.9
SPY SPDR S&P 500 ETF Trust 0.2 9 41 4.9 +4.9
VOO Vanguard S&P 500 ETF 0.2 3 47 4.9 +4.9
VT Vanguard Total World Stock ETF 0.2 6 44 5.7 +5.7
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 15 6.1 +6.1
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 10 6.1 +6.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 41 4.6 +4.6
CHRI Global X S&P 500 Christian Values ETF 0.2 29 21 4.6 +4.6
ACWI iShares MSCI ACWI ETF 0.2 32 18 5.4 +5.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 30 5.5 +5.5
TMFC Motley Fool 100 Index ETF 0.2 50 0 3.4 +3.4
EGUS iShares ESG Aware MSCI USA Growth ETF 0.2 18 32 4.0 +4.0
BCDF Horizon Kinetics Blockchain Development ETF 0.2 85 -35 3.8 +3.8
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.2 25 25 8.1 +8.1
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 9 41 4.8 +4.8
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -2 7.2 +7.2
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.2 35 15 7.6 +7.6
RWL Invesco S&P 500 Revenue ETF 0.2 39 11 6.9 +6.9
DFLV Dimensional US Large Cap Value ETF 0.2 22 28 7.7 +7.7
DFUV Dimensional US Marketwide Value ETF 0.2 22 28 7.6 +7.6
IVW iShares S&P 500 Growth ETF 0.2 18 32 4.0 +4.0
SPYG SPDR Portfolio S&P 500 Growth ETF 0.2 4 46 4.1 +4.1
VOOG Vanguard S&P 500 Growth ETF 0.2 7 43 4.1 +4.1
EPS WisdomTree U.S. LargeCap Fund 0.2 8 42 5.7 +5.7
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 35 5.9 +5.9
IUSG iShares Core S&P U.S. Growth ETF 0.2 4 46 4.2 +4.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 35 4.9 +4.9
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 35 4.6 +4.6
MGC Vanguard Mega Cap ETF 0.2 7 43 4.6 +4.6
IWL iShares Russell Top 200 ETF 0.2 15 35 4.5 +4.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 11 4.4 +4.4
JHML John Hancock Multifactor Large Cap ETF 0.2 29 21 5.4 +5.4
TEXN iShares Texas Equity ETF 0.1 20 30 6.1 +6.1
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 6.0 +6.0
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 10.1 +10.1
IUS Invesco RAFI Strategic US ETF 0.1 19 31 6.9 +6.9
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 32 6.6 +6.6
SHE SPDR MSCI USA Gender Diversity ETF 0.1 20 30 5.1 +5.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 7.7 +7.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 6.9 +6.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 5.0 +5.0
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 43 5.1 +5.1
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 42 5.0 +5.0
OALC OneAscent Large Cap Core ETF 0.1 86 -36 4.1 +4.1
DFIS Dimensional International Small Cap ETF 0.1 39 11 7.1 +7.1
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 11 6.8 +6.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.5 +6.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 7.7 +7.7
STXV Strive 1000 Value ETF 0.1 18 32 8.3 +8.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 9.1 +9.1
IWF iShares Russell 1000 Growth ETF 0.1 19 31 4.2 +4.2
VONG Vanguard Russell 1000 Growth ETF 0.1 7 43 4.4 +4.4
SUSA iShares MSCI USA ESG Select ETF 0.1 25 25 4.7 +4.7
RAUS RACWI US ETF 0.1 15 35 4.8 +4.8
GSPY Gotham Enhanced 500 ETF 0.1 50 0 5.1 +5.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 47 6.7 +6.7
HKND Humankind US Stock ETF 0.1 11 39 7.3 +7.3
GVLU Gotham 1000 Value ETF 0.1 50 0 9.2 +9.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 35 6.1 +6.1
DFSV Dimensional US Small Cap Value ETF 0.1 31 19 10.7 +10.7
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 35 5.7 +5.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 31 6.4 +6.4
HDUS Hartford Disciplined US Equity ETF 0.1 19 31 5.7 +5.7
EZM WisdomTree U.S. MidCap Fund 0.1 38 12 8.9 +8.9
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 40 4.4 +4.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 25 7.5 +7.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 25 7.3 +7.3
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 8.0 +8.0
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 22 10.3 +10.3
EBI Longview Advantage ETF 0.0 35 15 6.8 +6.8
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 40 4.3 +4.3
SCHC Schwab International Small-Cap Equity ETF 0.0 11 39 7.6 +7.6
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 5.9 +5.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 6.9 +6.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 42 7.3 +7.3
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.5 +7.5
JGRO JPMorgan Active Growth ETF 0.0 44 6 3.5 +3.5
FESM Fidelity Enhanced Small Cap ETF 0.0 28 22 7.0 +7.0
GXC SPDR S&P China ETF 0.0 59 -9 15.1 +15.1
IWY iShares Russell Top 200 Growth ETF 0.0 20 30 4.4 +4.4
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 6.1 +6.1
VPL Vanguard FTSE Pacific ETF 0.0 7 43 6.3 +6.3
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 10.2 +10.2
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 6.7 +6.7
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 8.4 +8.4
VEA Vanguard FTSE Developed Markets ETF 0.0 3 47 6.9 +6.9
VSGX Vanguard ESG International Stock ETF 0.0 10 40 7.5 +7.5
VXUS Vanguard Total International Stock ETF 0.0 5 45 7.6 +7.6
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -40 4.2 +4.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 8.0 +8.0

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 Digital Transformation ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -27.4 %
Divided by: Fwd. P/BV 0.0 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 0.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 CATEGORY
AVERAGE		 1.58
 
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.