VanEck Digital Transformation ETF
ALTAR
Score™		 -2.9% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 -733.5x P/Sales
ratio		 2.7x
P/BV
ratio		 3.7x Div.
yield		 0.0%


  • 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) $192
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 23
Wgt avg mkt cap (mns) $7,386
Large cap (>$10bn) 14.6%
Mid cap ($2-10bn) 19.7%
Small cap (<$2bn) 65.7%
Developed mkts 93.2%
Emerging mkts 6.8%

TOP TEN HOLDINGS
MICROSTRATEGY INC-CL A 11.2 %
COINBASE GLOBAL, INC. CLASS A 9.5 %
HUT 8 CORP 6.5 %
BLOCK INC. 6.5 %
CIPHER MINING INC 5.8 %
CORE SCIENTIFIC, INC. 5.8 %
RIOT BLOCKCHAIN INC 5.3 %
MARATHON DIGITAL HOLDINGS INC 5.3 %
CLEANSPARK, INC. 5.0 %
GALAXY DIGITAL HOLDINGS LTD. 4.8 %
Total 65.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 72.5 %
CANADA 12.5 %
CHINA 6.0 %
GERMANY 5.1 %
AUSTRALIA 3.9 %






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.
9.5% 100.2% -- -- -18.5%

Market Correlations
versus... Beta R-squared
S&P500 3.16 40%
MSCI EAFE 2.34 23%
MSCI Emg. Mkts. 2.09 18%

Technical Indicators
Recent close $18.17
30d moving avg. $12.48
Annualized volatility 86.3%
Short interest (ETF) 4.5%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 393
Turnover 3.7%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $9,172

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 302 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™: -2.9%


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 67.1 85 -35 -1.9 +1.0
BKCH Global X Blockchain ETF 66.7 50 0 -2.8 +0.1
IBLC iShares Blockchain and Tech ETF 60.3 47 3 -1.7 +1.2
GFOF Grayscale Future of Finance ETF 59.9 70 -20 -0.7 +2.2
FDIG Fidelity Crypto Industry and Digital Payments ETF 48.9 39 11 -1.7 +1.2
WGMI Valkyrie Bitcoin Miners ETF 48.1 75 -25 -6.3 -3.4
SATO Invesco Alerian Galaxy Crypto Economy ETF 46.7 61 -11 -2.4 +0.5
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 45.8 85 -35 -0.3 +2.6
BLOK Amplify Transformational Data Sharing ETF 41.4 75 -25 0.0 +2.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 33.6 68 -18 2.1 +5.0
BWEB Bitwise Web3 ETF 29.2 85 -35 0.7 +3.6
STCE Schwab Crypto Thematic ETF 26.5 30 20 -1.6 +1.3
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 22.4 61 -11 1.2 +4.1
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 18.6 65 -15 1.6 +4.5
ARKF ARK Fintech Innovation ETF 15.6 75 -25 -0.4 +2.5
FINX Global X FinTech ETF 14.4 68 -18 2.6 +5.5
ARKK ARK Innovation ETF 13.8 75 -25 -3.2 -0.3
ARKW ARK Next Generation Internet ETF 12.5 87 -37 -0.7 +2.2
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 10.5 75 -25 4.7 +7.6
BUZZ VanEck Social Sentiment ETF 8.4 75 -25 0.3 +3.2
XSW SPDR S&P Software & Services ETF 8.1 35 15 1.5 +4.4
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 7.3 40 10 4.3 +7.1
JFWD Jacob Forward ETF 7.2 75 -25 0.0 +2.9
FDFF Fidelity Disruptive Finance ETF 6.9 50 0 4.1 +7.0
KOMP SPDR S&P Kensho New Economies Composite ETF 6.3 20 30 1.0 +3.9
BCDF Horizon Kinetics Blockchain Development ETF 6.1 85 -35 3.9 +6.8
DARP Grizzle Growth ETF 5.7 75 -25 3.3 +6.2
YALL God Bless America ETF 5.4 65 -15 3.2 +6.1
MVPS Amplify Thematic All-Stars ETF 5.1 49 1 2.7 +5.5
DAT ProShares Big Data Refiners ETF 4.7 58 -8 2.0 +4.8
MVPA Miller Value Partners Appreciation ETF 4.6 60 -10 10.4 +13.3
FFTY Innovator IBD 50 ETF 4.3 80 -30 -0.6 +2.3
BOUT Innovator IBD Breakout Opportunities ETF 4.3 81 -31 3.6 +6.5
SFYF SoFi Social 50 ETF 4.1 29 21 -2.2 +0.7
PSCT Invesco S&P SmallCap Information Technology ETF 4.1 29 21 4.9 +7.8
TIME Clockwise Core Equity & Innovation ETF 4.0 95 -45 2.3 +5.1
RVER Trenchless Fund ETF 3.6 65 -15 2.9 +5.8
LOUP Innovator Deepwater Frontier Tech ETF 3.5 70 -20 1.3 +4.2
VOT Vanguard Mid-Cap Growth ETF 3.4 7 43 3.4 +6.3
QTUM Defiance Quantum ETF 3.3 40 10 3.6 +6.5
QQQN VictoryShares Nasdaq Next 50 ETF 3.0 18 32 4.9 +7.8
CLOD Themes Cloud Computing ETF 2.8 35 15 2.6 +5.5
KCE SPDR S&P Capital Markets ETF 2.7 35 15 5.9 +8.7
MILN Global X Millennial Consumer ETF 2.7 50 0 2.6 +5.5
TRFK Pacer Data and Digital Revolution ETF 2.7 60 -10 4.0 +6.9
SMCP AlphaMark Actively Managed Small Cap ETF 2.7 90 -40 3.9 +6.8
IGV iShares Expanded Tech-Software Sector ETF 2.6 41 9 2.3 +5.2
VXF Vanguard Extended Market ETF 2.5 6 44 3.5 +6.4
IMCG iShares Morningstar Mid-Cap Growth ETF 2.5 6 44 4.0 +6.9
DTCR Global X Data Center & Digital Infrastructure ETF 2.5 50 0 4.7 +7.5
IWP iShares Russell Mid-Cap Growth ETF 2.4 23 27 3.1 +6.0
FCLD Fidelity Cloud Computing ETF 2.4 39 11 3.1 +6.0
WISE Themes Generative Artificial Intelligence ETF 2.4 35 15 0.5 +3.4
BPAY BlackRock Future Financial and Technology ETF 2.3 70 -20 8.2 +11.1
IWC iShares Micro-Cap ETF 2.2 60 -10 -4.9 -2.0
IGPT Invesco AI and Next Gen Software ETF 2.1 60 -10 3.8 +6.7
TRFM AAM Transformers ETF 2.1 49 1 2.0 +4.9
GINN Goldman Sachs Innovate Equity ETF 2.0 52 -2 2.8 +5.6
PNQI Invesco NASDAQ Internet ETF 1.9 60 -10 2.3 +5.2
BGAIX Baron Global Advantage 1.9 75 -25 0.6 +3.5
GRPZ Invesco S&P SmallCap 600 GARP ETF 1.8 35 15 9.8 +12.7
LCLG Logan Capital Broad Innovative Growth ETF 1.8 99 -49 4.6 +7.4
EMFQ Amplify Emerging Markets FinTech ETF 1.7 69 -19 5.3 +8.2
XITK SPDR FactSet Innovative Technology ETF 1.6 45 5 2.2 +5.1
FDG American Century Focused Dynamic Growth ETF 1.6 45 5 2.6 +5.5
SMOT VanEck Morningstar SMID Moat ETF 1.6 49 1 5.8 +8.7
BFTHX Baron Fifth Avenue Growth Retail 1.6 75 -25 1.7 +4.6
FPX First Trust US Equity Opportunities ETF 1.5 61 -11 1.5 +4.4
WCLD WisdomTree Cloud Computing Fund 1.5 45 5 1.5 +4.4
VO Vanguard Mid-Cap ETF 1.5 4 46 5.3 +8.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.5 65 -15 2.7 +5.6
BFIIX Baron FinTech 1.5 75 -25 3.4 +6.3
IMCB iShares Morningstar Mid-Cap ETF 1.5 4 46 5.7 +8.6
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.5 40 10 3.8 +6.7
METV Roundhill Ball Metaverse ETF 1.4 59 -9 3.4 +6.3
VFMO Vanguard U.S. Momentum Factor ETF 1.4 13 37 2.1 +5.0
IWR iShares Russell Midcap ETF 1.3 19 31 5.4 +8.3
VFH Vanguard Financials ETF 1.3 10 40 5.7 +8.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.3 95 -45 0.9 +3.8
DTEC ALPS Disruptive Technologies ETF 1.3 50 0 3.7 +6.6
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.3 75 -25 3.4 +6.2
CGGR Capital Group Growth ETF 1.2 39 11 3.2 +6.1
VBK Vanguard Small-Cap Growth ETF 1.2 7 43 1.1 +4.0
FXL First Trust Technology AlphaDEX Fund 1.2 61 -11 5.1 +8.0
FYC First Trust Small Cap Growth AlphaDEX Fund 1.1 71 -21 -0.5 +2.4
FNCL Fidelity MSCI Financials Index ETF 1.1 8 42 5.6 +8.5
XT iShares Exponential Technologies ETF 1.1 46 4 4.8 +7.7
FMDE Fidelity Enhanced Mid Cap ETF 1.0 23 27 6.0 +8.9
FYT First Trust Small Cap Value AlphaDEX Fund 1.0 73 -23 7.8 +10.7
IYF iShares U.S. Financials ETF 1.0 40 10 5.4 +8.3
IYG iShares US Financial Services ETF 1.0 40 10 5.0 +7.9
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 5 3.6 +6.4
FYX First Trust Small Cap Core AlphaDEX Fund 1.0 61 -11 4.6 +7.5
IWO iShares Russell 2000 Growth ETF 1.0 24 26 0.6 +3.4
VTWG Vanguard Russell 2000 Growth ETF 1.0 15 35 0.7 +3.6
AOTG AOT Growth and Innovation ETF 1.0 75 -25 3.1 +6.0
IWS iShares Russell Mid-Cap Value ETF 1.0 23 27 6.2 +9.1
IJT iShares S&P Small-Cap 600 Growth ETF 0.9 18 32 5.8 +8.6
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.9 35 15 5.9 +8.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.9 15 35 5.8 +8.7
FTC First Trust Large Cap Growth AlphaDEX Fund 0.9 59 -9 2.4 +5.3
CHGX AXS Change Finance ESG ETF 0.9 49 1 5.3 +8.2
SLYG SPDR S&P 600 Small Cap Growth ETF 0.9 15 35 5.8 +8.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.9 9 41 3.3 +6.2
MTUM iShares MSCI USA Momentum Factor ETF 0.9 15 35 4.1 +7.0
ITAN Sparkline Intangible Value ETF 0.9 50 0 5.9 +8.8
EUSA iShares MSCI USA Equal Weighted ETF 0.9 9 41 5.7 +8.6
VGT Vanguard Information Technology ETF 0.9 10 40 4.4 +7.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 35 4.6 +7.5
FDTX Fidelity Disruptive Technology ETF 0.8 50 0 2.8 +5.7
AIEQ AI Powered Equity ETF 0.8 75 -25 3.9 +6.7
IETC iShares U.S. Tech Independence Focused ETF 0.8 18 32 4.5 +7.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.8 64 -14 1.8 +4.7
IWM iShares Russell 2000 ETF 0.8 19 31 2.8 +5.7
RSSL Global X Russell 2000 ETF 0.8 8 42 2.6 +5.5
VTWO Vanguard Russell 2000 ETF 0.8 10 40 2.9 +5.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 43 5.3 +8.2
SIZE iShares MSCI USA Size Factor ETF 0.7 15 35 5.6 +8.5
JMOM JPMorgan U.S. Momentum Factor ETF 0.7 12 38 4.5 +7.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 46 4.8 +7.7
OPTZ Optimize Strategy Index ETF 0.7 50 0 2.9 +5.8
FBCG Fidelity Blue Chip Growth ETF 0.7 59 -9 2.8 +5.7
IYJ iShares U.S. Industrials ETF 0.7 40 10 4.5 +7.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.7 9 41 5.8 +8.6
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 44 2.3 +5.1
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 21 4.7 +7.6
VB Vanguard Small-Cap ETF 0.6 5 45 4.9 +7.8
STXK Strive Small-Cap ETF 0.6 18 32 5.0 +7.9
VUG Vanguard Growth ETF 0.6 4 46 4.0 +6.9
PTL Inspire 500 ETF 0.6 9 41 5.6 +8.5
IWN iShares Russell 2000 Value ETF 0.6 24 26 4.8 +7.7
VTWV Vanguard Russell 2000 Value ETF 0.6 15 35 4.9 +7.8
FDMO Fidelity Momentum Factor ETF 0.6 15 35 4.0 +6.8
AUSF Global X Adaptive U.S. Factor ETF 0.6 27 23 8.6 +11.4
IGM iShares Expanded Tech Sector ETF 0.6 41 9 4.4 +7.3
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.6 61 -11 6.0 +8.9
ILCG iShares Morningstar Growth ETF 0.6 4 46 3.9 +6.8
INNO Harbor Disruptive Innovation ETF 0.6 75 -25 1.6 +4.5
FUNL CornerCap Fundametrics Large-Cap ETF 0.6 50 0 6.7 +9.6
FTEC Fidelity MSCI Information Technology Index ETF 0.5 8 42 4.6 +7.5
LRND IQ U.S. Large Cap R&D Leaders ETF 0.5 14 36 6.1 +9.0
GLBL Pacer MSCI World Industry Advantage ETF 0.5 65 -15 4.7 +7.6
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 38 7.0 +9.9
SFY SoFi Select 500 ETF 0.5 0 50 4.5 +7.4
SCHG Schwab U.S. Large-Cap Growth ETF 0.5 4 46 4.2 +7.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.5 35 15 5.1 +8.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 35 7.5 +10.3
IYW iShares U.S. Technology ETF 0.5 40 10 4.4 +7.3
IJR iShares Core S&P Small Cap ETF 0.5 6 44 6.6 +9.5
IEDI iShares U.S. Consumer Focused ETF 0.5 18 32 5.1 +8.0
VIOO Vanguard S&P Small-Cap 600 ETF 0.4 10 40 6.6 +9.5
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.4 3 47 6.7 +9.6
BUYZ Franklin Disruptive Commerce ETF 0.4 50 0 1.8 +4.7
FELV Fidelity Enhanced Large Cap Value ETF 0.4 18 32 6.4 +9.3
IMCV iShares Morningstar Mid-Cap Value ETF 0.4 6 44 7.5 +10.4
STXG Strive 1000 Growth ETF 0.4 18 32 4.1 +6.9
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 22 4.7 +7.6
VEGN US Vegan Climate ETF 0.4 60 -10 4.5 +7.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.4 70 -20 2.7 +5.6
ISCB iShares Morningstar Small-Cap ETF 0.4 4 46 4.8 +7.7
JAVA JPMorgan Active Value ETF 0.4 44 6 5.7 +8.6
AVSC Avantis U.S Small Cap Equity ETF 0.4 25 25 4.7 +7.6
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 41 4.8 +7.7
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 32 5.4 +8.3
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.4 52 -2 5.1 +8.0
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 58 -8 5.0 +7.9
IWD iShares Russell 1000 Value ETF 0.3 19 31 6.1 +9.0
VONV Vanguard Russell 1000 Value ETF 0.3 8 42 6.3 +9.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 47 4.8 +7.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 6.3 +9.2
VTI Vanguard Total Stock Market ETF 0.3 3 47 4.7 +7.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 29 3.8 +6.7
IWV iShares Russell 3000 ETF 0.3 20 30 4.7 +7.6
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 47 4.9 +7.8
VTHR Vanguard Russell 3000 ETF 0.3 10 40 4.7 +7.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.3 59 -9 5.6 +8.4
FDN First Trust Dow Jones Internet Index Fund 0.3 52 -2 3.2 +6.1
FDND FT Vest Dow Jones Internet & Target Income ETF 0.3 75 -25 3.0 +5.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.3 25 25 7.2 +10.1
STRV Strive 500 ETF 0.3 5 45 4.9 +7.8
IYY iShares Dow Jones U.S. ETF 0.3 20 30 4.8 +7.7
PBUS Invesco MSCI USA ETF 0.3 4 46 5.0 +7.8
IWB iShares Russell 1000 ETF 0.3 15 35 4.8 +7.7
VONE Vanguard Russell 1000 ETF 0.3 8 42 4.9 +7.8
MODL VictoryShares WestEnd U.S. Sector ETF 0.3 42 8 4.7 +7.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 30 4.6 +7.5
WRND IQ Global Equity R&D Leaders ETF 0.3 18 32 7.5 +10.4
VV Vanguard Large-Cap ETF 0.3 4 46 4.9 +7.8
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 8 4.5 +7.4
BLES Inspire Global Hope ETF 0.3 61 -11 6.4 +9.3
IWF iShares Russell 1000 Growth ETF 0.3 19 31 4.5 +7.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 36 5.0 +7.9
VONG Vanguard Russell 1000 Growth ETF 0.3 8 42 4.6 +7.4
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 40 5.0 +7.9
DCOR Dimensional US Core Equity 1 ETF 0.3 14 36 5.3 +8.2
CFA VictoryShares US 500 Volatility Wtd ETF 0.3 35 15 5.6 +8.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.3 40 10 5.6 +8.5
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 5.0 +7.9
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 25 6.0 +8.9
TOK iShares MSCI Kokusai ETF 0.2 26 24 5.0 +7.9
RVRB Reverb ETF 0.2 30 20 4.7 +7.6
APUE ActivePassive U.S. Equity ETF 0.2 45 5 4.8 +7.7
ISMD Inspire Small/Mid Cap ETF 0.2 54 -4 5.3 +8.2
VOTE TCW Transform 500 ETF 0.2 5 45 4.9 +7.8
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 15 5.1 +8.0
SCHB Schwab U.S. Broad Market ETF 0.2 3 47 4.9 +7.8
SCHX Schwab U.S. Large-Cap ETF 0.2 3 47 5.0 +7.9
URTH iShares MSCI World ETF 0.2 24 26 5.2 +8.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 50 5.0 +7.9
SCHK Schwab 1000 Index ETF 0.2 5 45 5.0 +7.9
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 40 5.3 +8.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -25 4.3 +7.1
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.2 12 38 4.5 +7.4
EZM WisdomTree U.S. MidCap Fund 0.2 38 12 7.4 +10.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 30 5.2 +8.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 -17 8.6 +11.4
DFLV Dimensional US Large Cap Value ETF 0.2 22 28 7.4 +10.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 5.3 +8.2
ACWI iShares MSCI ACWI ETF 0.2 32 18 5.3 +8.2
DFUS Dimensional U.S. Equity ETF 0.2 9 41 4.9 +7.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 60 -10 6.8 +9.7
FESM Fidelity Enhanced Small Cap ETF 0.2 28 22 1.7 +4.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 39 4.9 +7.8
VT Vanguard Total World Stock ETF 0.2 7 43 5.5 +8.4
SCHA Schwab U.S. Small-Cap ETF 0.2 4 46 4.4 +7.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 5.4 +8.2
OALC OneAscent Large Cap Core ETF 0.2 86 -36 4.3 +7.2
TMFC Motley Fool 100 Index ETF 0.2 50 0 3.7 +6.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.2 12 38 6.2 +9.1
SHE SPDR MSCI USA Gender Diversity ETF 0.2 20 30 4.9 +7.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 25 5.2 +8.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 41 5.2 +8.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 48 5.0 +7.9
SSLY Syntax Stratified SmallCap ETF 0.2 40 10 7.4 +10.3
AVUS Avantis U.S. Equity ETF 0.2 15 35 5.6 +8.5
GWX SPDR S&P International Small Cap ETF 0.2 40 10 6.5 +9.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 43 4.9 +7.8
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 35 4.9 +7.8
DFUV Dimensional US Marketwide Value ETF 0.2 22 28 7.2 +10.1
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.2 42 8 6.1 +9.0
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 44 7.2 +10.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 33 4.7 +7.6
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.1 35 15 6.2 +9.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 7.0 +9.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 41 5.4 +8.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 35 4.7 +7.6
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 42 5.0 +7.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 11 4.1 +7.0
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 40 5.4 +8.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.4 +9.3
QGRO American Century U.S. Quality Growth ETF 0.1 29 21 4.4 +7.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 43 5.0 +7.9
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 11 6.8 +9.7
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 6.1 +9.0
IUS Invesco RAFI Strategic US ETF 0.1 19 31 6.8 +9.7
DFAS Dimensional U.S. Small Cap ETF 0.1 26 24 5.5 +8.4
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 22 7.8 +10.6
JHML John Hancock Multifactor Large Cap ETF 0.1 29 21 5.3 +8.2
HDUS Hartford Disciplined US Equity ETF 0.1 19 31 5.9 +8.8
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 32 5.3 +8.2
ILCV iShares Morningstar Value ETF 0.1 4 46 6.2 +9.1
TPSC Timothy Plan US Small Cap Core ETF 0.1 52 -2 6.5 +9.4
JGRO JPMorgan Active Growth ETF 0.1 44 6 3.5 +6.4
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 8.2 +11.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 4.8 +7.7
JHSC John Hancock Multifactor Small Cap ETF 0.1 42 8 6.6 +9.5
DFIS Dimensional International Small Cap ETF 0.1 39 11 6.9 +9.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 6.8 +9.7
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.1 10 40 4.5 +7.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 7.5 +10.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 31 6.2 +9.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 1 7.0 +9.9
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 4.7 +7.6
HKND Humankind US Stock ETF 0.1 11 39 7.1 +10.0
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 35 5.7 +8.6
GXC SPDR S&P China ETF 0.0 59 -9 8.3 +11.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 6.8 +9.7
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 8 6.4 +9.3
JHMM John Hancock Multifactor Mid Cap ETF 0.0 42 8 6.1 +9.0
STXV Strive 1000 Value ETF 0.0 18 32 7.5 +10.4
DFVX Dimensional US Large Cap Vector ETF 0.0 22 28 6.1 +9.0
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 5.9 +8.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 6.6 +9.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 25 6.8 +9.7
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 40 4.4 +7.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 4.5 +7.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 43 6.7 +9.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 11 7.4 +10.3
DFIC Dimensional International Core Equity 2 ETF 0.0 23 27 7.7 +10.6
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 47 5.1 +8.0
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 1 6.1 +9.0
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 26 6.5 +9.4
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 7.3 +10.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 20 8.0 +10.9
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 8.3 +11.1
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 42 6.9 +9.8
DFAI Dimensional International Core Equity Market ETF 0.0 18 32 7.3 +10.2
VSGX Vanguard ESG International Stock ETF 0.0 12 38 6.8 +9.7
VXUS Vanguard Total International Stock ETF 0.0 7 43 7.2 +10.1
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 7.1 +10.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 20 4.7 +7.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 5 6.5 +9.4

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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 -8.7 %
Divided by: Fwd. P/BV 3.6 x
Less: Expense ratio 50 bp
Equals: ALTAR Score -2.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.30 CATEGORY
AVERAGE		 1.53
 
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.