VanEck Digital Transformation ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 37.2x P/Sales
ratio		 11.6x
P/BV
ratio		 0.0x Div.
yield		 1.0%


  • 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) $358
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) $10,303
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
CIPHER MINING INC 7.8 %
APPLIED BLOCKCHAIN INC 7.5 %
IRIS ENERGY LTD. 7.3 %
BITMINE IMMERSION TECHNOLOGI 6.3 %
COINBASE GLOBAL, INC. CLASS A 6.2 %
TERAWULF INC. 5.6 %
HUT 8 CORP 5.6 %
CLEANSPARK, INC. 5.6 %
BLOCK INC. 5.3 %
CIRCLE INTERNET GROUP INC 4.4 %
Total 61.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 69.7 %
AUSTRALIA 7.3 %
CANADA 5.6 %
CHINA 3.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
35.1% 7.0% -- -- -8.4%

Market Correlations
versus... Beta R-squared
S&P500 2.21 40%
MSCI EAFE 1.82 20%
MSCI Emg. Mkts. 2.09 29%

Technical Indicators
Recent close $18.62
30d moving avg. $20.40
Annualized volatility 79.3%
Short interest (ETF) 5.4%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 885
Turnover 4.6%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $8,037

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 363 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
(%)
BKCH Global X Blockchain ETF 65.5 50 0 -3.1 -3.1
BITQ Bitwise Crypto Industry Innovators ETF 63.4 85 -35 -2.1 -2.1
MNRS Grayscale Bitcoin Miners ETF 61.8 59 -9 0.0 0.0
WGMI Valkyrie Bitcoin Miners ETF 53.0 75 -25 -5.1 -5.1
IBLC iShares Blockchain and Tech ETF 46.6 47 3 -1.5 -1.5
FDIG Fidelity Crypto Industry and Digital Payments ETF 37.9 39 11 -0.8 -0.8
BLOK Amplify Transformational Data Sharing ETF 27.4 75 -25 0.5 +0.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 25.9 61 -11 -0.6 -0.6
BCOR Grayscale Bitcoin Adopters ETF 24.0 59 -9 2.4 +2.4
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 22.5 65 -15 -1.3 -1.3
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 22.1 68 -18 6.5 +6.5
BWEB Bitwise Web3 ETF 22.0 85 -35 0.0 0.0
FINX Global X FinTech ETF 19.6 68 -18 3.0 +3.0
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 19.5 85 -35 -2.3 -2.3
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 17.5 61 -11 2.1 +2.1
ARKF ARK Fintech Innovation ETF 15.6 75 -25 0.2 +0.2
SPRX Spear Alpha ETF 14.1 75 -25 -0.3 -0.3
ARKW ARK Next Generation Internet ETF 12.7 87 -37 0.8 +0.8
ARKK ARK Innovation ETF 12.0 75 -25 -2.7 -2.7
STCE Schwab Crypto Thematic ETF 11.7 30 20 3.6 +3.6
TCAI Tortoise AI Infrastructure ETF 11.0 65 -15 2.5 +2.5
BUZZ VanEck Social Sentiment ETF 10.5 75 -25 -0.8 -0.8
TMAT Main Thematic Innovation ETF 9.5 164 -114 -1.5 -1.5
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 8.4 75 -25 5.8 +5.8
DTCR Global X Data Center & Digital Infrastructure ETF 7.5 50 0 3.9 +3.9
BPAY BlackRock Future Financial and Technology ETF 7.5 70 -20 6.1 +6.1
FDFF Fidelity Disruptive Finance ETF 7.0 50 0 4.6 +4.6
XSW State Street SPDR S&P Software & Services ETF 6.9 35 15 2.8 +2.8
PTF Invesco Dorsey Wright Technology Momentum ETF 6.5 60 -10 -1.2 -1.2
CBSE Clough Select Equity ETF 5.8 85 -35 1.2 +1.2
PSCT Invesco S&P SmallCap Information Technology ETF 5.0 29 21 4.6 +4.6
YALL God Bless America ETF 4.2 65 -15 4.6 +4.6
DAT ProShares Big Data Refiners ETF 4.0 58 -8 2.6 +2.6
HYP Golden Eagle Dynamic Hypergrowth ETF 4.0 85 -35 -1.2 -1.2
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 3.8 40 10 4.3 +4.3
REAI Intelligent Real Estate ETF 3.8 59 -9 19.5 +19.5
IWC iShares Micro-Cap ETF 3.7 60 -10 -1.3 -1.3
METV Roundhill Ball Metaverse ETF 3.5 59 -9 9.2 +9.2
MVPA Miller Value Partners Appreciation ETF 3.5 60 -10 8.8 +8.8
FCLD Fidelity Cloud Computing ETF 3.5 39 11 3.5 +3.5
SPYA Twin Oak Endure ETF 3.4 80 -30 -0.5 -0.5
RVER Trenchless Fund ETF 3.2 65 -15 2.9 +2.9
RSPF Invesco S&P 500 Equal Weight Financials ETF 3.0 40 10 6.6 +6.6
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 3.0 20 30 3.0 +3.0
SPHB Invesco S&P 500 High Beta ETF 2.7 25 25 4.7 +4.7
FYC First Trust Small Cap Growth AlphaDEX Fund 2.7 71 -21 -1.4 -1.4
IGV iShares Expanded Tech-Software Sector ETF 2.6 41 9 3.2 +3.2
IGPT Invesco AI and Next Gen Software ETF 2.6 60 -10 4.4 +4.4
GVIP Goldman Sachs Hedge Industry VIP ETF 2.5 45 5 3.2 +3.2
VOT Vanguard Mid-Cap Growth ETF 2.4 7 43 3.5 +3.5
GINN Goldman Sachs Innovate Equity ETF 2.3 52 -2 3.7 +3.7
MILN Global X Millennial Consumer ETF 2.1 50 0 4.1 +4.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.0 35 15 3.6 +3.6
GRNY Fundstrat Granny Shots US Large Cap ETF 2.0 75 -25 3.1 +3.1
CLOD Themes Cloud Computing ETF 1.9 35 15 3.5 +3.5
IWN iShares Russell 2000 Value ETF 1.9 24 26 6.2 +6.2
FDG American Century Focused Dynamic Growth ETF 1.9 45 5 2.1 +2.1
VTWV Vanguard Russell 2000 Value ETF 1.8 10 40 6.3 +6.3
PNQI Invesco NASDAQ Internet ETF 1.8 60 -10 3.7 +3.7
PWB Invesco Large Cap Growth ETF 1.7 56 -6 2.7 +2.7
FDMO Fidelity Momentum Factor ETF 1.6 15 35 3.7 +3.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.5 9 41 3.8 +3.8
KCE State Street SPDR S&P Capital Markets ETF 1.4 35 15 6.2 +6.2
FMKT The Free Markets ETF 1.4 76 -26 4.2 +4.2
RSSL Global X Russell 2000 ETF 1.4 8 42 3.5 +3.5
IWM iShares Russell 2000 ETF 1.3 19 31 3.5 +3.5
IMCG iShares Morningstar Mid-Cap Growth ETF 1.3 6 44 4.2 +4.2
VTWO Vanguard Russell 2000 ETF 1.3 7 43 3.6 +3.6
SFYF SoFi Social 50 ETF 1.3 29 21 1.0 +1.0
FNCL Fidelity MSCI Financials Index ETF 1.3 8 42 6.2 +6.2
LCLG Logan Capital Broad Innovative Growth ETF 1.3 99 -49 3.8 +3.8
FFND Future Fund Active ETF 1.3 100 -50 3.8 +3.8
XLF The Financial Select Sector SPDR Fund 1.2 8 42 5.8 +5.8
STXK Strive Small-Cap ETF 1.2 18 32 5.9 +5.9
FYX First Trust Small Cap Core AlphaDEX Fund 1.2 61 -11 5.6 +5.6
TRFK Pacer Data and Digital Revolution ETF 1.2 60 -10 3.2 +3.2
IJT iShares S&P Small-Cap 600 Growth ETF 1.1 18 32 5.3 +5.3
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 44 2.9 +2.9
CGGR Capital Group Growth ETF 1.1 39 11 3.4 +3.4
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.1 57 -7 4.0 +4.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.1 64 -14 1.2 +1.2
TRFM AAM Transformers ETF 1.1 49 1 1.3 +1.3
VXF Vanguard Extended Market ETF 1.1 5 45 4.4 +4.4
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 1.1 15 35 5.3 +5.3
FMDE Fidelity Enhanced Mid Cap ETF 1.1 23 27 6.0 +6.0
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.1 20 30 4.7 +4.7
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 5 5.3 +5.3
BUYZ Franklin Disruptive Commerce ETF 1.0 50 0 2.6 +2.6
FXO First Trust Financials AlphaDEX Fund 1.0 62 -12 8.0 +8.0
VFH Vanguard Financials ETF 1.0 9 41 6.2 +6.2
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 37 3.0 +3.0
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.0 60 -10 -0.9 -0.9
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.0 61 -11 6.8 +6.8
PTL Inspire 500 ETF 1.0 9 41 5.3 +5.3
VO Vanguard Mid-Cap ETF 1.0 4 46 5.9 +5.9
FTEC Fidelity MSCI Information Technology Index ETF 1.0 8 42 4.0 +4.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.9 10 40 5.5 +5.5
XNTK State Street SPDR NYSE Technology ETF 0.9 35 15 3.6 +3.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 15 4.1 +4.1
FDTX Fidelity Disruptive Technology ETF 0.9 50 0 2.7 +2.7
VGT Vanguard Information Technology ETF 0.9 9 41 4.1 +4.1
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.9 40 10 3.8 +3.8
IYF iShares U.S. Financials ETF 0.9 40 10 5.8 +5.8
IYG iShares US Financial Services ETF 0.9 40 10 5.3 +5.3
IWO iShares Russell 2000 Growth ETF 0.9 24 26 0.8 +0.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.9 70 -20 2.1 +2.1
VTWG Vanguard Russell 2000 Growth ETF 0.9 10 40 0.9 +0.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.8 95 -45 -0.4 -0.4
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 0.8 29 21 6.9 +6.9
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 46 5.7 +5.7
DTEC ALPS Disruptive Technologies ETF 0.8 50 0 3.7 +3.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.8 15 35 7.5 +7.5
IMCB iShares Morningstar Mid-Cap ETF 0.8 4 46 6.2 +6.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.8 9 41 6.2 +6.2
IWS iShares Russell Mid-Cap Value ETF 0.8 23 27 7.1 +7.1
JAVA JPMorgan Active Value ETF 0.7 44 6 6.3 +6.3
ITAN Sparkline Intangible Value ETF 0.7 50 0 6.5 +6.5
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 21 4.9 +4.9
IWR iShares Russell Midcap ETF 0.7 19 31 6.2 +6.2
FXL First Trust Technology AlphaDEX Fund 0.7 61 -11 5.8 +5.8
YNOT Horizon Digital Frontier ETF 0.7 75 -25 3.2 +3.2
XT iShares Exponential Technologies ETF 0.7 46 4 4.5 +4.5
FBCG Fidelity Blue Chip Growth ETF 0.7 59 -9 2.9 +2.9
AMID Argent Mid Cap ETF Argent Mid Cap ETF 0.7 52 -2 6.3 +6.3
ISCB iShares Morningstar Small-Cap ETF 0.7 4 46 5.7 +5.7
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 25 9.4 +9.4
IXG iShares Global Financials ETF 0.7 42 8 6.4 +6.4
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 -9 5.8 +5.8
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.6 40 10 4.6 +4.6
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.6 17 33 5.9 +5.9
SPXM Azoria 500 Meritocracy ETF 0.6 47 3 4.5 +4.5
IETC iShares U.S. Tech Independence Focused ETF 0.6 18 32 3.6 +3.6
IWP iShares Russell Mid-Cap Growth ETF 0.6 23 27 3.3 +3.3
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 1 6.7 +6.7
FTA First Trust Large Cap Value AlphaDEX Fund 0.6 59 -9 8.8 +8.8
XOEF iShares S&P 500 ex S&P 100 ETF 0.6 20 30 5.6 +5.6
IJR iShares Core S&P Small Cap ETF 0.6 6 44 7.4 +7.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.6 21 29 3.8 +3.8
FTC First Trust Large Cap Growth AlphaDEX Fund 0.6 59 -9 2.1 +2.1
GOP Unusual Whales Subversive Republican Trading ETF 0.6 50 0 5.3 +5.3
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.6 3 47 7.5 +7.5
VIOO Vanguard S&P Small-Cap 600 ETF 0.5 7 43 7.4 +7.4
IGM iShares Expanded Tech Sector ETF 0.5 41 9 3.6 +3.6
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -18 3.6 +3.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.5 58 -8 4.5 +4.5
PRXG Praxis Impact Large Cap Growth ETF 0.5 36 14 3.7 +3.7
SCHG Schwab U.S. Large-Cap Growth ETF 0.5 4 46 3.8 +3.8
QQQ Invesco QQQ Trust Series I 0.5 20 30 4.2 +4.2
QQQM Invesco NASDAQ 100 ETF 0.5 15 35 4.3 +4.3
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 41 6.2 +6.2
VUG Vanguard Growth ETF 0.5 4 46 4.3 +4.3
AVMC Avantis U.S. Mid Cap Equity ETF 0.5 18 32 6.8 +6.8
SIZE iShares MSCI USA Size Factor ETF 0.5 15 35 6.2 +6.2
GQQQ Astoria US Quality Growth Kings ETF 0.5 35 15 4.6 +4.6
SFY SoFi Select 500 ETF 0.5 0 50 4.5 +4.5
IYJ iShares U.S. Industrials ETF 0.5 40 10 4.7 +4.7
LRND IQ U.S. Large Cap R&D Leaders ETF 0.5 14 36 5.0 +5.0
GSPY Gotham Enhanced 500 ETF 0.4 50 0 5.2 +5.2
MODL VictoryShares WestEnd U.S. Sector ETF 0.4 42 8 4.6 +4.6
IEDI iShares U.S. Consumer Focused ETF 0.4 18 32 5.7 +5.7
JHSC John Hancock Multifactor Small Cap ETF 0.4 42 8 6.6 +6.6
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 30 6.7 +6.7
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.4 65 -15 2.1 +2.1
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 -10 6.8 +6.8
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 5.0 +5.0
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.4 52 -2 5.7 +5.7
DFAS Dimensional U.S. Small Cap ETF 0.4 26 24 6.5 +6.5
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 4.4 +4.4
VLUE iShares MSCI USA Value Factor ETF 0.4 15 35 9.1 +9.1
IWD iShares Russell 1000 Value ETF 0.4 19 31 6.3 +6.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.4 10 40 5.2 +5.2
VONV Vanguard Russell 1000 Value ETF 0.4 7 43 6.5 +6.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 43 4.8 +4.8
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.4 35 15 5.7 +5.7
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 38 4.6 +4.6
VBK Vanguard Small-Cap Growth ETF 0.4 7 43 1.7 +1.7
BKLC BNY Mellon US Large Cap Core Equity ETF 0.4 0 50 4.9 +4.9
PBUS Invesco MSCI USA ETF 0.4 4 46 4.9 +4.9
XJR iShares ESG Screened S&P Small-Cap ETF 0.4 12 38 7.4 +7.4
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 -15 4.1 +4.1
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 38 4.7 +4.7
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.9 +3.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.3 35 15 5.1 +5.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 38 6.5 +6.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 39 4.9 +4.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 48 5.0 +5.0
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
IYW iShares U.S. Technology ETF 0.3 40 10 4.0 +4.0
VEGN US Vegan Climate ETF 0.3 60 -10 4.6 +4.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 30 5.3 +5.3
SPXT ProShares S&P 500 Ex-Technology ETF 0.3 9 41 5.5 +5.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 25 5.4 +5.4
FAB First Trust Multi Cap Value AlphaDEX Fund 0.3 67 -17 9.8 +9.8
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 41 4.8 +4.8
OPTZ Optimize Strategy Index ETF 0.3 50 0 4.8 +4.8
BLES Inspire Global Hope ETF 0.3 61 -11 6.8 +6.8
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 40 5.6 +5.6
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 32 6.7 +6.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 47 4.8 +4.8
VTI Vanguard Total Stock Market ETF 0.3 3 47 4.8 +4.8
STXG Strive 1000 Growth ETF 0.3 18 32 3.8 +3.8
GXLC Global X U.S. 500 ETF 0.3 2 48 4.8 +4.8
AVUQ Avantis U.S. Quality ETF 0.3 15 35 4.4 +4.4
IWV iShares Russell 3000 ETF 0.3 20 30 4.7 +4.7
VTHR Vanguard Russell 3000 ETF 0.3 7 43 4.8 +4.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 7.1 +7.1
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 4.8 +4.8
AVUS Avantis U.S. Equity ETF 0.3 15 35 5.7 +5.7
CRTC Xtrackers US National Critical Technologies ETF 0.3 35 15 4.8 +4.8
AOTG AOT Growth and Innovation ETF 0.2 75 -25 2.0 +2.0
ILCG iShares Morningstar Growth ETF 0.2 4 46 3.8 +3.8
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.2 49 1 3.7 +3.7
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 39 5.1 +5.1
VV Vanguard Large-Cap ETF 0.2 4 46 4.8 +4.8
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 41 4.8 +4.8
ULVM VictoryShares US Value Momentum ETF 0.2 20 30 7.3 +7.3
ADME Aptus Drawdown Managed Equity ETF 0.2 79 -29 3.9 +3.9
DXUV Dimensional US Vector Equity ETF 0.2 28 22 6.0 +6.0
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 5.3 +5.3
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 8 4.7 +4.7
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 30 4.3 +4.3
MGK Vanguard Mega Cap Growth ETF 0.2 7 43 4.4 +4.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 5.4 +5.4
SCHX Schwab U.S. Large-Cap ETF 0.2 3 47 5.0 +5.0
SCHA Schwab U.S. Small-Cap ETF 0.2 4 46 5.5 +5.5
SCHK Schwab 1000 Index ETF 0.2 5 45 5.0 +5.0
SCHB Schwab U.S. Broad Market ETF 0.2 3 47 4.9 +4.9
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 44 8.1 +8.1
STRV Strive 500 ETF 0.2 5 45 4.8 +4.8
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 47 4.8 +4.8
IYY iShares Dow Jones U.S. ETF 0.2 20 30 4.7 +4.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 11 4.8 +4.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 41 5.3 +5.3
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 32 4.6 +4.6
WRND IQ Global Equity R&D Leaders ETF 0.2 18 32 7.6 +7.6
IWX iShares Russell Top 200 Value ETF 0.2 20 30 6.0 +6.0
IWB iShares Russell 1000 ETF 0.2 15 35 4.8 +4.8
VONE Vanguard Russell 1000 ETF 0.2 7 43 4.9 +4.9
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.2 12 38 4.0 +4.0
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 44 8.3 +8.3
ILCV iShares Morningstar Value ETF 0.2 4 46 6.2 +6.2
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 6.0 +6.0
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 41 4.7 +4.7
GXPT Global X PureCap MSCI Information Technology ETF 0.2 25 25 4.3 +4.3
BFOR ALPS Barron's 400 ETF 0.2 65 -15 5.8 +5.8
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 40 4.7 +4.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.2 25 25 7.7 +7.7
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 9 41 4.8 +4.8
EVUS iShares ESG Aware MSCI USA Value ETF 0.2 18 32 6.4 +6.4
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -2 7.0 +7.0
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 32 5.1 +5.1
IVE iShares S&P 500 Value ETF 0.2 18 32 6.1 +6.1
VOOV Vanguard S&P 500 Value ETF 0.2 7 43 6.2 +6.2
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.2 4 46 6.2 +6.2
TOPC iShares S&P 500 3% Capped ETF 0.2 15 35 5.0 +5.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 5.5 +5.5
APUE ActivePassive U.S. Equity ETF 0.2 45 5 4.6 +4.6
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 21 4.7 +4.7
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.2 35 15 7.5 +7.5
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 32 5.3 +5.3
RWL Invesco S&P 500 Revenue ETF 0.2 39 11 6.7 +6.7
DFVX Dimensional US Large Cap Vector ETF 0.2 22 28 6.2 +6.2
IUSV iShares Core S&P US Value ETF 0.2 4 46 6.3 +6.3
SFYX SoFi Next 500 ETF 0.2 0 50 5.8 +5.8
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 5.0 +5.0
XVV iShares ESG Screened S&P 500 ETF 0.2 8 42 4.8 +4.8
HLAL Wahed FTSE USA Shariah ETF 0.2 50 0 4.6 +4.6
FDN First Trust Dow Jones Internet Index Fund 0.2 52 -2 3.0 +3.0
TOK iShares MSCI Kokusai ETF 0.2 26 24 4.9 +4.9
FDND FT Vest Dow Jones Internet & Target Income ETF 0.2 75 -25 2.8 +2.8
EPS WisdomTree U.S. LargeCap Fund 0.2 8 42 5.7 +5.7
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 31 5.5 +5.5
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 35 5.8 +5.8
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.2 20 30 4.6 +4.6
DFUS Dimensional U.S. Equity ETF 0.2 9 41 4.8 +4.8
GVLU Gotham 1000 Value ETF 0.2 50 0 9.4 +9.4
VB Vanguard Small-Cap ETF 0.2 5 45 6.0 +6.0
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 35 4.8 +4.8
RVRB Reverb ETF 0.2 30 20 4.6 +4.6
VOO Vanguard S&P 500 ETF 0.2 3 47 4.9 +4.9
URTH iShares MSCI World ETF 0.2 24 26 4.9 +4.9
IVV iShares Core S&P 500 ETF 0.2 3 47 4.9 +4.9
SPY SPDR S&P 500 ETF 0.2 9 41 4.8 +4.8
SPYM State Street SPDR Portfolio S&P 500 ETF 0.2 2 48 4.9 +4.9
CHRI Global X S&P 500 Christian Values ETF 0.2 29 21 4.6 +4.6
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
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.2 3 47 5.1 +5.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 30 5.4 +5.4
VT Vanguard Total World Stock ETF 0.2 6 44 5.7 +5.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 11 3.0 +3.0
JHML John Hancock Multifactor Large Cap ETF 0.2 29 21 5.3 +5.3
ACWI iShares MSCI ACWI ETF 0.1 32 18 5.3 +5.3
DFLV Dimensional US Large Cap Value ETF 0.1 22 28 7.4 +7.4
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 6.1 +6.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 9.5 +9.5
IUS Invesco RAFI Strategic US ETF 0.1 19 31 6.8 +6.8
TMFC Motley Fool 100 Index ETF 0.1 50 0 3.5 +3.5
TEXN iShares Texas Equity ETF 0.1 20 30 6.2 +6.2
BCDF Horizon Kinetics Blockchain Development ETF 0.1 85 -35 4.3 +4.3
DFUV Dimensional US Marketwide Value ETF 0.1 22 28 7.3 +7.3
VOOG Vanguard S&P 500 Growth ETF 0.1 7 43 4.2 +4.2
IVW iShares S&P 500 Growth ETF 0.1 18 32 4.0 +4.0
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.1 4 46 4.1 +4.1
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 46 4.2 +4.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 43 5.1 +5.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 7.9 +7.9
OALC OneAscent Large Cap Core ETF 0.1 86 -36 4.1 +4.1
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 11 6.7 +6.7
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 6.7 +6.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.4 +6.4
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 7.3 +7.3
MGC Vanguard Mega Cap ETF 0.1 7 43 4.6 +4.6
IWL iShares Russell Top 200 ETF 0.1 15 35 4.5 +4.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 4.9 +4.9
DFIS Dimensional International Small Cap ETF 0.1 39 11 6.9 +6.9
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 42 4.9 +4.9
SUSA iShares MSCI USA ESG Select ETF 0.1 25 25 4.6 +4.6
HKND Humankind US Stock ETF 0.1 11 39 7.1 +7.1
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 35 5.7 +5.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 7.5 +7.5
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.1 35 15 7.3 +7.3
VONG Vanguard Russell 1000 Growth ETF 0.1 7 43 4.5 +4.5
IWF iShares Russell 1000 Growth ETF 0.1 19 31 4.2 +4.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 35 5.9 +5.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 31 6.2 +6.2
HDUS Hartford Disciplined US Equity ETF 0.1 19 31 5.8 +5.8
STXV Strive 1000 Value ETF 0.1 18 32 8.1 +8.1
EZM WisdomTree U.S. MidCap Fund 0.1 38 12 8.5 +8.5
RAUS RACWI US ETF 0.1 15 35 4.9 +4.9
DFSV Dimensional US Small Cap Value ETF 0.1 31 19 10.1 +10.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 47 6.6 +6.6
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 7.7 +7.7
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 40 4.2 +4.2
SCHC Schwab International Small-Cap Equity ETF 0.0 11 39 7.5 +7.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 7.2 +7.2
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 5.7 +5.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 25 7.2 +7.2
EBI Longview Advantage ETF 0.0 35 15 6.7 +6.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 6.8 +6.8
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 22 9.8 +9.8
NZUS State Street SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 40 4.2 +4.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 42 7.1 +7.1
GXC SPDR S & P China ETF 0.0 59 -9 16.2 +16.2
JGRO JPMorgan Active Growth ETF 0.0 44 6 3.6 +3.6
FESM Fidelity Enhanced Small Cap ETF 0.0 28 22 3.2 +3.2
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 6.0 +6.0
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.3 +7.3
IWY iShares Russell Top 200 Growth ETF 0.0 20 30 4.3 +4.3
VPL Vanguard FTSE Pacific ETF 0.0 7 43 6.3 +6.3
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 10.5 +10.5
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 6.6 +6.6
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 8.7 +8.7
VEA Vanguard FTSE Developed Markets ETF 0.0 3 47 6.7 +6.7
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
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 8.2 +8.2
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -40 3.8 +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 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 -27.8 %
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		 1.47 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.