VanEck Digital Transformation ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 -94.5x P/Sales
ratio		 6.8x
P/BV
ratio		 0.0x Div.
yield		 0.5%


  • 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) $260
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 25
Wgt avg mkt cap (mns) $16,240
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
COINBASE GLOBAL, INC. CLASS A 10.5 %
CIRCLE INTERNET GROUP INC 7.9 %
MICROSTRATEGY INC-CL A 7.6 %
BLOCK INC. 6.0 %
IRIS ENERGY LTD. 6.0 %
MARATHON DIGITAL HOLDINGS INC 6.0 %
METAPLANET INC 5.5 %
CIPHER MINING INC 5.0 %
RIOT BLOCKCHAIN INC 5.0 %
CLEANSPARK, INC. 4.8 %
Total 64.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 65.8 %
CANADA 6.1 %
AUSTRALIA 6.0 %
CHINA 3.4 %
GERMANY 2.7 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
15.2% 43.1% -- -- -12.6%

Market Correlations
versus... Beta R-squared
S&P500 3.43 44%
MSCI EAFE 1.71 11%
MSCI Emg. Mkts. 1.46 9%

Technical Indicators
Recent close $18.89
30d moving avg. $15.53
Annualized volatility 83.5%
Short interest (ETF) 2.1%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 525
Turnover 3.8%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $8,037

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 344 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 64.2 50 0 -4.7 -4.7
BITQ Bitwise Crypto Industry Innovators ETF 59.8 85 -35 -2.3 -2.3
IBLC iShares Blockchain and Tech ETF 52.0 47 3 -3.4 -3.4
WGMI Valkyrie Bitcoin Miners ETF 48.5 75 -25 -6.8 -6.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 45.6 39 11 -1.0 -1.0
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 37.3 68 -18 2.3 +2.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 32.3 61 -11 -2.1 -2.1
BCOR Grayscale Bitcoin Adopters ETF 31.6 59 -9 2.3 +2.3
BLOK Amplify Transformational Data Sharing ETF 30.2 75 -25 -0.1 -0.1
BWEB Bitwise Web3 ETF 28.8 85 -35 -0.1 -0.1
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 27.9 65 -15 -1.3 -1.3
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 26.4 85 -35 -0.2 -0.2
STCE Schwab Crypto Thematic ETF 22.3 30 20 0.9 +0.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 19.0 61 -11 1.3 +1.3
FINX Global X FinTech ETF 18.5 68 -18 2.1 +2.1
ARKF ARK Fintech Innovation ETF 11.9 75 -25 -0.5 -0.5
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 11.0 75 -25 4.3 +4.3
ARKW ARK Next Generation Internet ETF 10.6 87 -37 -0.6 -0.6
ARKK ARK Innovation ETF 10.2 75 -25 -2.3 -2.3
YALL God Bless America ETF 7.4 65 -15 3.6 +3.6
BUZZ VanEck Social Sentiment ETF 7.4 75 -25 -0.0 -0.0
XSW SPDR S&P Software & Services ETF 6.9 35 15 1.8 +1.8
TIME Clockwise Core Equity & Innovation ETF 6.6 95 -45 2.7 +2.7
BPAY BlackRock Future Financial and Technology ETF 6.4 70 -20 6.2 +6.2
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 6.4 40 10 3.9 +3.9
SPYA Twin Oak Endure ETF 6.0 80 -30 -2.2 -2.2
CBSE Clough Select Equity ETF 5.8 85 -35 1.0 +1.0
PSCT Invesco S&P SmallCap Information Technology ETF 5.7 29 21 5.4 +5.4
FDFF Fidelity Disruptive Finance ETF 5.5 50 0 4.0 +4.0
TMAT Main Thematic Innovation ETF 4.3 164 -114 -1.4 -1.4
IGV iShares Expanded Tech-Software Sector ETF 4.2 41 9 2.6 +2.6
FFTY Innovator IBD 50 ETF 4.2 80 -30 0.5 +0.5
METV Roundhill Ball Metaverse ETF 4.2 59 -9 5.1 +5.1
VOT Vanguard Mid-Cap Growth ETF 4.1 7 43 3.5 +3.5
MVPA Miller Value Partners Appreciation ETF 4.1 60 -10 9.4 +9.4
CLOD Themes Cloud Computing ETF 4.0 35 15 3.0 +3.0
OCFS Otter Creek Focus Strategy ETF 3.9 85 -35 4.0 +4.0
DAT ProShares Big Data Refiners ETF 3.9 58 -8 2.1 +2.1
IGPT Invesco AI and Next Gen Software ETF 3.3 60 -10 4.1 +4.1
FCLD Fidelity Cloud Computing ETF 3.0 39 11 3.1 +3.1
DTCR Global X Data Center & Digital Infrastructure ETF 2.9 50 0 4.2 +4.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 2.9 65 -15 3.4 +3.4
SFYF SoFi Social 50 ETF 2.8 29 21 0.3 +0.3
XNTK SPDR NYSE Technology ETF 2.7 35 15 3.7 +3.7
TRFK Pacer Data and Digital Revolution ETF 2.7 60 -10 3.0 +3.0
KOMP SPDR S&P Kensho New Economies Composite ETF 2.6 20 30 2.7 +2.7
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.6 20 30 4.2 +4.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.5 57 -7 3.6 +3.6
GRNY Fundstrat Granny Shots US Large Cap ETF 2.5 75 -25 2.6 +2.6
KCE SPDR S&P Capital Markets ETF 2.4 35 15 5.5 +5.5
VXF Vanguard Extended Market ETF 2.3 5 45 4.8 +4.8
MILN Global X Millennial Consumer ETF 2.2 50 0 3.7 +3.7
LCLG Logan Capital Broad Innovative Growth ETF 2.0 99 -49 4.2 +4.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.0 35 15 4.2 +4.2
RSPF Invesco S&P 500 Equal Weight Financials ETF 2.0 40 10 6.6 +6.6
PNQI Invesco NASDAQ Internet ETF 1.9 60 -10 3.2 +3.2
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.9 40 10 3.5 +3.5
VO Vanguard Mid-Cap ETF 1.8 4 46 5.8 +5.8
FYC First Trust Small Cap Growth AlphaDEX Fund 1.8 71 -21 0.5 +0.5
FXO First Trust Financials AlphaDEX Fund 1.7 62 -12 8.3 +8.3
IMCG iShares Morningstar Mid-Cap Growth ETF 1.7 6 44 4.1 +4.1
GINN Goldman Sachs Innovate Equity ETF 1.7 52 -2 3.6 +3.6
FTC First Trust Large Cap Growth AlphaDEX Fund 1.6 59 -9 2.8 +2.8
IWN iShares Russell 2000 Value ETF 1.5 24 26 7.8 +7.8
IJT iShares S&P Small-Cap 600 Growth ETF 1.5 18 32 5.6 +5.6
FDG American Century Focused Dynamic Growth ETF 1.5 45 5 2.0 +2.0
GOP Unusual Whales Subversive Republican Trading ETF 1.5 50 0 5.8 +5.8
SLYG SPDR S&P 600 Small Cap Growth ETF 1.5 15 35 5.6 +5.6
GVIP Goldman Sachs Hedge Industry VIP ETF 1.4 45 5 3.4 +3.4
IWC iShares Micro-Cap ETF 1.4 60 -10 -0.6 -0.6
VFH Vanguard Financials ETF 1.4 9 41 6.5 +6.5
MTUM iShares MSCI USA Momentum Factor ETF 1.3 15 35 3.6 +3.6
IYF iShares U.S. Financials ETF 1.3 40 10 5.9 +5.9
FDMO Fidelity Momentum Factor ETF 1.3 15 35 3.8 +3.8
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 1.3 29 21 6.4 +6.4
IYG iShares US Financial Services ETF 1.2 40 10 5.4 +5.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.2 10 40 5.7 +5.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.2 64 -14 2.3 +2.3
PDP Invesco Dorsey Wright Momentum ETF 1.1 62 -12 3.9 +3.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.1 58 -8 3.9 +3.9
XLF Financial Select Sector SPDR Fund 1.1 8 42 5.8 +5.8
FEX First Trust Large Cap Core AlphaDEX Fund 1.1 59 -9 6.0 +6.0
FXL First Trust Technology AlphaDEX Fund 1.1 61 -11 5.5 +5.5
IWS iShares Russell Mid-Cap Value ETF 1.0 23 27 6.8 +6.8
VGT Vanguard Information Technology ETF 1.0 9 41 4.0 +4.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.0 9 41 4.5 +4.5
DTEC ALPS Disruptive Technologies ETF 1.0 50 0 3.8 +3.8
FFND Future Fund Active ETF 1.0 100 -50 4.4 +4.4
RSSL Global X Russell 2000 ETF 1.0 8 42 4.5 +4.5
IMCB iShares Morningstar Mid-Cap ETF 1.0 4 46 6.1 +6.1
VTWG Vanguard Russell 2000 Growth ETF 1.0 10 40 1.5 +1.5
CGGR Capital Group Growth ETF 1.0 39 11 3.2 +3.2
IWM iShares Russell 2000 ETF 1.0 19 31 4.5 +4.5
FNCL Fidelity MSCI Financials Index ETF 1.0 8 42 6.4 +6.4
IWR iShares Russell Midcap ETF 0.9 19 31 5.9 +5.9
IGM iShares Expanded Tech Sector ETF 0.9 41 9 3.9 +3.9
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.9 61 -11 6.6 +6.6
VTWO Vanguard Russell 2000 ETF 0.9 7 43 4.6 +4.6
FMDE Fidelity Enhanced Mid Cap ETF 0.9 23 27 5.8 +5.8
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 5 6.1 +6.1
PRXG Praxis Impact Large Cap Growth ETF 0.8 36 14 4.1 +4.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 15 4.2 +4.2
VUG Vanguard Growth ETF 0.8 4 46 4.0 +4.0
IJR iShares Core S&P Small Cap ETF 0.8 6 44 7.9 +7.9
IYW iShares U.S. Technology ETF 0.8 40 10 3.9 +3.9
SCHG Schwab U.S. Large-Cap Growth ETF 0.8 4 46 4.0 +4.0
BUYZ Franklin Disruptive Commerce ETF 0.8 50 0 2.3 +2.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 44 2.9 +2.9
ITAN Sparkline Intangible Value ETF 0.8 50 0 6.8 +6.8
STXK Strive Small-Cap ETF 0.8 18 32 6.2 +6.2
PTL Inspire 500 ETF 0.8 9 41 5.4 +5.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.7 3 47 7.9 +7.9
FDTX Fidelity Disruptive Technology ETF 0.7 50 0 2.6 +2.6
VIOO Vanguard S&P Small-Cap 600 ETF 0.7 7 43 7.8 +7.8
DARP Grizzle Growth ETF 0.7 75 -25 3.0 +3.0
FYX First Trust Small Cap Core AlphaDEX Fund 0.7 61 -11 6.4 +6.4
FTEC Fidelity MSCI Information Technology Index ETF 0.7 8 42 4.0 +4.0
IWP iShares Russell Mid-Cap Growth ETF 0.7 23 27 3.4 +3.4
IWD iShares Russell 1000 Value ETF 0.7 19 31 6.5 +6.5
SFY SoFi Select 500 ETF 0.7 0 50 4.5 +4.5
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 46 6.1 +6.1
IETC iShares U.S. Tech Independence Focused ETF 0.7 18 32 3.7 +3.7
FTA First Trust Large Cap Value AlphaDEX Fund 0.7 59 -9 9.2 +9.2
GQQQ Astoria US Quality Growth Kings ETF 0.7 35 15 4.7 +4.7
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 25 10.2 +10.2
EUSA iShares MSCI USA Equal Weighted ETF 0.7 9 41 6.1 +6.1
GLBL Pacer MSCI World Industry Advantage ETF 0.6 65 -15 4.2 +4.2
SIZE iShares MSCI USA Size Factor ETF 0.6 15 35 5.8 +5.8
VTWV Vanguard Russell 2000 Value ETF 0.6 10 40 7.9 +7.9
VEGN US Vegan Climate ETF 0.6 60 -10 4.5 +4.5
QQQ Invesco QQQ Trust Series I 0.6 20 30 4.0 +4.0
AUSF Global X Adaptive U.S. Factor ETF 0.6 27 23 8.9 +8.9
QQQM Invesco NASDAQ 100 ETF 0.6 15 35 4.1 +4.1
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 1 6.8 +6.8
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.6 49 1 4.2 +4.2
IXG iShares Global Financials ETF 0.6 42 8 6.8 +6.8
OPTZ Optimize Strategy Index ETF 0.6 50 0 5.0 +5.0
XT iShares Exponential Technologies ETF 0.6 46 4 4.8 +4.8
VFMO Vanguard U.S. Momentum Factor ETF 0.6 13 37 3.1 +3.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 41 6.1 +6.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.6 35 15 5.2 +5.2
JAVA JPMorgan Active Value ETF 0.6 44 6 6.4 +6.4
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 21 4.7 +4.7
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 38 7.5 +7.5
IWX iShares Russell Top 200 Value ETF 0.5 20 30 6.3 +6.3
STXG Strive 1000 Growth ETF 0.5 18 32 3.9 +3.9
LOGO Alpha Brands Consumption Leaders ETF 0.5 69 -19 6.2 +6.2
FBCG Fidelity Blue Chip Growth ETF 0.5 59 -9 2.9 +2.9
USXF iShares ESG Advanced MSCI USA ETF 0.5 10 40 4.6 +4.6
AVMC Avantis U.S. Mid Cap Equity ETF 0.5 18 32 7.0 +7.0
ILCV iShares Morningstar Value ETF 0.5 4 46 6.7 +6.7
IYJ iShares U.S. Industrials ETF 0.5 40 10 4.5 +4.5
VONV Vanguard Russell 1000 Value ETF 0.5 7 43 6.7 +6.7
KLMN Invesco MSCI North America Climate ETF 0.5 9 41 5.1 +5.1
IEDI iShares U.S. Consumer Focused ETF 0.5 18 32 5.3 +5.3
ESGV Vanguard ESG U.S. Stock ETF 0.5 9 41 4.8 +4.8
ISCB iShares Morningstar Small-Cap ETF 0.5 4 46 6.2 +6.2
HLAL Wahed FTSE USA Shariah ETF 0.5 50 0 4.9 +4.9
BFOR ALPS Barron's 400 ETF 0.5 65 -15 6.1 +6.1
JHSC John Hancock Multifactor Small Cap ETF 0.5 42 8 6.8 +6.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 29 3.8 +3.8
GSPY Gotham Enhanced 500 ETF 0.4 50 0 5.4 +5.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.4 17 33 5.9 +5.9
AOTG AOT Growth and Innovation ETF 0.4 75 -25 1.7 +1.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 47 5.0 +5.0
IWV iShares Russell 3000 ETF 0.4 20 30 4.8 +4.8
STRV Strive 500 ETF 0.4 5 45 4.9 +4.9
VV Vanguard Large-Cap ETF 0.4 4 46 4.9 +4.9
INRO iShares U.S. Industry Rotation Active ETF 0.4 42 8 4.7 +4.7
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 47 5.0 +5.0
VTI Vanguard Total Stock Market ETF 0.4 3 47 4.9 +4.9
PBUS Invesco MSCI USA ETF 0.4 4 46 4.9 +4.9
TOV JLens 500 Jewish Advocacy U.S. ETF 0.4 18 32 4.7 +4.7
SCHX Schwab U.S. Large-Cap ETF 0.4 3 47 5.0 +5.0
IWO iShares Russell 2000 Growth ETF 0.4 24 26 1.4 +1.4
SCHB Schwab U.S. Broad Market ETF 0.4 3 47 5.1 +5.1
HGRO Hedgeye Quality Growth ETF 0.4 70 -20 3.3 +3.3
VTHR Vanguard Russell 3000 ETF 0.4 7 43 4.9 +4.9
SCHK Schwab 1000 Index ETF 0.4 5 45 5.1 +5.1
IYY iShares Dow Jones U.S. ETF 0.4 20 30 4.8 +4.8
IWB iShares Russell 1000 ETF 0.4 15 35 4.9 +4.9
VBK Vanguard Small-Cap Growth ETF 0.4 7 43 1.9 +1.9
VONE Vanguard Russell 1000 ETF 0.4 7 43 5.0 +5.0
LRND IQ U.S. Large Cap R&D Leaders ETF 0.4 14 36 5.4 +5.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -45 0.6 +0.6
MODL VictoryShares WestEnd U.S. Sector ETF 0.4 42 8 4.6 +4.6
APUE ActivePassive U.S. Equity ETF 0.3 45 5 4.7 +4.7
EGUS iShares ESG Aware MSCI USA Growth ETF 0.3 18 32 4.1 +4.1
ILCG iShares Morningstar Growth ETF 0.3 4 46 3.7 +3.7
ESGU iShares ESG Aware MSCI USA ETF 0.3 15 35 4.9 +4.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.3 67 -17 10.3 +10.3
QGRW WisdomTree U.S. Quality Growth Fund 0.3 28 22 4.2 +4.2
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 40 5.9 +5.9
MGK Vanguard Mega Cap Growth ETF 0.3 7 43 4.1 +4.1
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 -2 5.5 +5.5
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 -8 5.4 +5.4
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 38 4.5 +4.5
SFYX SoFi Next 500 ETF 0.3 0 50 6.0 +6.0
TOK iShares MSCI Kokusai ETF 0.3 26 24 5.1 +5.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 40 5.3 +5.3
DFVX Dimensional US Large Cap Vector ETF 0.3 22 28 6.3 +6.3
RSP Invesco S&P 500 Equal Weight ETF 0.3 20 30 6.5 +6.5
DCOR Dimensional US Core Equity 1 ETF 0.3 14 36 5.5 +5.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 50 5.0 +5.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 43 4.9 +4.9
AVUQ Avantis U.S. Quality ETF 0.3 15 35 4.8 +4.8
URTH iShares MSCI World ETF 0.3 24 26 5.2 +5.2
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 30 4.1 +4.1
VONG Vanguard Russell 1000 Growth ETF 0.3 7 43 4.5 +4.5
SCHA Schwab U.S. Small-Cap ETF 0.3 4 46 6.2 +6.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 38 6.6 +6.6
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 32 5.5 +5.5
FDN First Trust Dow Jones Internet Index Fund 0.3 52 -2 3.1 +3.1
FDND FT Vest Dow Jones Internet & Target Income ETF 0.3 75 -25 3.0 +3.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 30 5.8 +5.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 33 5.6 +5.6
ACWI iShares MSCI ACWI ETF 0.3 32 18 5.7 +5.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 39 5.0 +5.0
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 5.0 +5.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 41 5.9 +5.9
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 44 8.3 +8.3
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 38 4.5 +4.5
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.6 +3.6
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.3 19 31 5.2 +5.2
VT Vanguard Total World Stock ETF 0.2 6 44 6.0 +6.0
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 -18 3.7 +3.7
IWL iShares Russell Top 200 ETF 0.2 15 35 4.7 +4.7
DXUV Dimensional US Vector Equity ETF 0.2 28 22 6.3 +6.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 25 5.8 +5.8
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 25 6.0 +6.0
GWX SPDR S&P International Small Cap ETF 0.2 40 10 6.2 +6.2
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 5.1 +5.1
TRFM AAM Transformers ETF 0.2 49 1 1.5 +1.5
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 32 6.9 +6.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 41 5.3 +5.3
RVRB Reverb ETF 0.2 30 20 4.6 +4.6
BLES Inspire Global Hope ETF 0.2 61 -11 6.8 +6.8
ULVM VictoryShares US Value Momentum ETF 0.2 20 30 7.4 +7.4
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 15 4.8 +4.8
AVUS Avantis U.S. Equity ETF 0.2 15 35 5.9 +5.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 30 7.0 +7.0
DFUS Dimensional U.S. Equity ETF 0.2 9 41 4.9 +4.9
DFAS Dimensional U.S. Small Cap ETF 0.2 26 24 6.6 +6.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 30 6.0 +6.0
FELG Fidelity Enhanced Large Cap Growth ETF 0.2 18 32 4.7 +4.7
VB Vanguard Small-Cap ETF 0.2 5 45 6.2 +6.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 39 5.1 +5.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.2 70 -20 3.0 +3.0
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 21 4.8 +4.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 41 5.3 +5.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 38 5.2 +5.2
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 44 9.4 +9.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 41 5.0 +5.0
WRND IQ Global Equity R&D Leaders ETF 0.2 18 32 8.4 +8.4
IVE iShares S&P 500 Value ETF 0.2 18 32 6.3 +6.3
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 46 6.4 +6.4
VOOV Vanguard S&P 500 Value ETF 0.2 7 43 6.4 +6.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 11 6.1 +6.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 11 6.6 +6.6
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 15 5.9 +5.9
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 10 5.9 +5.9
IUSV iShares Core S&P US Value ETF 0.2 4 46 6.6 +6.6
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 22 9.6 +9.6
SPLG SPDR Portfolio S&P 500 ETF 0.2 2 48 5.0 +5.0
IVV iShares Core S&P 500 ETF 0.2 3 47 5.0 +5.0
SPY SPDR S&P 500 ETF Trust 0.2 9 41 5.0 +5.0
VOO Vanguard S&P 500 ETF 0.2 3 47 5.0 +5.0
PKW Invesco Buyback Achievers ETF 0.2 62 -12 7.4 +7.4
DFUV Dimensional US Marketwide Value ETF 0.2 22 28 7.7 +7.7
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -2 7.0 +7.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 47 5.2 +5.2
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 32 6.8 +6.8
DFLV Dimensional US Large Cap Value ETF 0.1 22 28 8.0 +8.0
IVW iShares S&P 500 Growth ETF 0.1 18 32 4.0 +4.0
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 46 4.1 +4.1
VOOG Vanguard S&P 500 Growth ETF 0.1 7 43 4.1 +4.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.1 35 15 7.8 +7.8
TMFC Motley Fool 100 Index ETF 0.1 50 0 3.5 +3.5
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 46 4.2 +4.2
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 6.1 +6.1
EPS WisdomTree U.S. LargeCap Fund 0.1 8 42 5.8 +5.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 7.1 +7.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 35 4.7 +4.7
SUSA iShares MSCI USA ESG Select ETF 0.1 25 25 4.9 +4.9
IUS Invesco RAFI Strategic US ETF 0.1 19 31 6.8 +6.8
SHE SPDR MSCI USA Gender Diversity ETF 0.1 20 30 5.0 +5.0
JHML John Hancock Multifactor Large Cap ETF 0.1 29 21 5.4 +5.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 8.0 +8.0
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 35 5.0 +5.0
MGC Vanguard Mega Cap ETF 0.1 7 43 4.7 +4.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 7.9 +7.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 9.7 +9.7
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 5.1 +5.1
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 11 6.9 +6.9
IWF iShares Russell 1000 Growth ETF 0.1 19 31 4.4 +4.4
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 8.0 +8.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.1 60 -10 7.7 +7.7
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 5.7 +5.7
OALC OneAscent Large Cap Core ETF 0.1 86 -36 4.1 +4.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.1 25 25 8.2 +8.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.5 +6.5
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 40 4.4 +4.4
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 35 5.8 +5.8
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 8.0 +8.0
EZM WisdomTree U.S. MidCap Fund 0.1 38 12 9.3 +9.3
HKND Humankind US Stock ETF 0.1 11 39 7.4 +7.4
RWL Invesco S&P 500 Revenue ETF 0.1 39 11 6.8 +6.8
EBI Longview Advantage ETF 0.1 35 15 6.7 +6.7
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 32 5.2 +5.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 35 6.3 +6.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 7.3 +7.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 31 6.5 +6.5
HDUS Hartford Disciplined US Equity ETF 0.0 19 31 5.8 +5.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 25 7.2 +7.2
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 40 4.4 +4.4
GXC SPDR S&P China ETF 0.0 59 -9 15.9 +15.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 7.0 +7.0
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 6.1 +6.1
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 10.5 +10.5
IWY iShares Russell Top 200 Growth ETF 0.0 20 30 4.5 +4.5
GVLU Gotham 1000 Value ETF 0.0 50 0 9.1 +9.1
VBR Vanguard Small Cap Value ETF 0.0 7 43 9.2 +9.2
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 8 7.2 +7.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 7.2 +7.2
DFIS Dimensional International Small Cap ETF 0.0 39 11 7.4 +7.4
JGRO JPMorgan Active Growth ETF 0.0 44 6 3.5 +3.5
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.6 +7.6
DFIC Dimensional International Core Equity 2 ETF 0.0 23 27 7.6 +7.6
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 6.9 +6.9
DFAI Dimensional International Core Equity Market ETF 0.0 18 32 7.3 +7.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 11 8.2 +8.2
FESM Fidelity Enhanced Small Cap ETF 0.0 28 22 7.8 +7.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 5 7.2 +7.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 20 8.1 +8.1
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 7.2 +7.2
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 1 9.4 +9.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 4.6 +4.6
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 26 6.5 +6.5
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 10.5 +10.5
DXIV Dimensional International Vector Equity ETF 0.0 34 16 8.0 +8.0
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -40 4.0 +4.0

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 -27.9 %
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		 1.51 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.