VanEck Digital Transformation ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 34.0x P/Sales
ratio		 12.2x
P/BV
ratio		 0.0x Div.
yield		 2.3%


  • 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) $346
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 24
Wgt avg mkt cap (mns) $10,690
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
HUT 8 CORP 8.2 %
BLOCK INC. 7.0 %
IREN LTD 7.0 %
APPLIED BLOCKCHAIN INC 6.4 %
RIOT BLOCKCHAIN INC 6.3 %
CIPHER MINING INC 6.0 %
TERAWULF INC. 5.9 %
CORE SCIENTIFIC, INC. 5.9 %
MARATHON DIGITAL HOLDINGS INC 5.4 %
CLEANSPARK, INC. 5.4 %
Total 63.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 83.3 %
AUSTRALIA 6.3 %
CANADA 5.1 %
JAPAN 2.7 %
CHINA 2.5 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
37.3% 77.2% 0.8% -- -4.8%

Market Correlations
versus... Beta R-squared
S&P500 3.44 43%
MSCI EAFE 1.99 23%
MSCI Emg. Mkts. 1.76 32%

Technical Indicators
Recent close $19.39
30d moving avg. $21.07
Annualized volatility 79.3%
Short interest (ETF) 5.4%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 823
Turnover 4.6%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $8,037

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 378 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 70.2 85 -35 -2.2 -2.2
IBLC iShares Blockchain and Tech ETF 58.1 47 3 -1.3 -1.3
WGMI Valkyrie Bitcoin Miners ETF 52.4 75 -25 -2.7 -2.7
MNRS Grayscale Bitcoin Miners ETF 52.4 59 -9 -2.2 -2.2
FDIG Fidelity Crypto Industry and Digital Payments ETF 39.9 39 11 -1.2 -1.2
BLOK Amplify Transformational Data Sharing ETF 37.7 75 -25 -0.2 -0.2
BCOR Grayscale Bitcoin Adopters ETF 35.7 59 -9 2.0 +2.0
AGIX KraneShares Artificial Intelligence and Technology ETF 31.0 99 -49 1.0 +1.0
FINX Global X FinTech ETF 25.4 68 -18 2.9 +2.9
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 25.2 85 -35 0.0 0.0
SATO Invesco Alerian Galaxy Crypto Economy ETF 25.0 61 -11 -0.7 -0.7
BWEB Bitwise Web3 ETF 22.2 85 -35 -0.1 -0.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 17.2 61 -11 1.5 +1.5
STCE Schwab Crypto Thematic ETF 15.6 30 20 2.5 +2.5
IVRS iShares Future Metaverse Tech and Communications ETF 15.1 47 3 5.1 +5.1
ARKF ARK Fintech Innovation ETF 14.9 75 -25 0.2 +0.2
WTRE WisdomTree New Economy Real Estate Fund 14.0 58 -8 -0.3 -0.3
TCAI Tortoise AI Infrastructure ETF 12.7 65 -15 1.2 +1.2
SPRX Spear Alpha ETF 10.9 75 -25 -0.8 -0.8
ARKW ARK Next Generation Internet ETF 10.6 87 -37 0.6 +0.6
BUZZ VanEck Social Sentiment ETF 10.4 75 -25 -0.7 -0.7
XSW State Street SPDR S&P Software & Services ETF 10.1 35 15 2.6 +2.6
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 10.1 75 -25 5.9 +5.9
ARKK ARK Innovation ETF 10.0 75 -25 -2.7 -2.7
BPAY BlackRock Future Financial and Technology ETF 9.3 70 -20 5.0 +5.0
PTF Invesco Dorsey Wright Technology Momentum ETF 6.5 60 -10 -1.0 -1.0
YALL God Bless America ETF 6.1 65 -15 4.4 +4.4
FDFF Fidelity Disruptive Finance ETF 6.0 50 0 5.2 +5.2
CBSE Clough Select Equity ETF 5.8 85 -35 0.3 +0.3
MVPA Miller Value Partners Appreciation ETF 5.6 60 -10 9.9 +9.9
AIPO Defiance AI & Power Infrastructure ETF 5.4 69 -19 0.7 +0.7
PSCT Invesco S&P SmallCap Information Technology ETF 5.1 29 21 2.9 +2.9
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 5.0 20 30 0.8 +0.8
IWC iShares Micro-Cap ETF 4.5 60 -10 -1.3 -1.3
IPO Renaissance IPO ETF 4.2 60 -10 1.4 +1.4
HYP Golden Eagle Dynamic Hypergrowth ETF 4.0 85 -35 -0.8 -0.8
DTCR Global X Data Center & Digital Infrastructure ETF 3.9 50 0 3.4 +3.4
BCDF Horizon Kinetics Blockchain Development ETF 3.8 85 -35 3.9 +3.9
BJK VanEck Gaming ETF 3.6 65 -15 4.5 +4.5
FMKT The Free Markets ETF 3.5 76 -26 4.1 +4.1
IGV iShares Expanded Tech-Software Sector ETF 3.4 41 9 3.4 +3.4
DAT ProShares Big Data Refiners ETF 3.3 58 -8 2.9 +2.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.2 68 -18 0.6 +0.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 3.2 70 -20 1.9 +1.9
FFTY Innovator IBD 50 ETF 3.2 80 -30 -0.1 -0.1
RVER Trenchless Fund ETF 3.1 65 -15 0.6 +0.6
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 3.1 40 10 3.8 +3.8
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.1 65 -15 4.9 +4.9
METV Roundhill Ball Metaverse ETF 3.0 59 -9 7.7 +7.7
FFF Founders 100 ETF 3.0 75 -25 2.4 +2.4
RSPF Invesco S&P 500 Equal Weight Financials ETF 3.0 40 10 6.1 +6.1
GRNJ Fundstrat Granny Shots US Small & Mid Cap ETF 2.9 75 -25 1.8 +1.8
KCE State Street SPDR S&P Capital Markets ETF 2.9 35 15 5.8 +5.8
SPHB Invesco S&P 500 High Beta ETF 2.7 25 25 3.5 +3.5
GINN Goldman Sachs Innovate Equity ETF 2.6 52 -2 3.6 +3.6
IGPT Invesco AI and Next Gen Software ETF 2.6 60 -10 2.2 +2.2
VTWV Vanguard Russell 2000 Value ETF 2.5 10 40 4.7 +4.7
CLOD Themes Cloud Computing ETF 2.5 35 15 3.1 +3.1
IWN iShares Russell 2000 Value ETF 2.5 24 26 4.5 +4.5
GVIP Goldman Sachs Hedge Industry VIP ETF 2.3 45 5 2.2 +2.2
ANEW ProShares MSCI Transformational Changes ETF 2.3 45 5 4.2 +4.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 2.2 65 -15 4.4 +4.4
MILN Global X Millennial Consumer ETF 2.2 50 0 4.0 +4.0
ALTL Pacer Lunt Large Cap Alternator ETF 2.2 60 -10 4.4 +4.4
ISCG iShares Morningstar Small-Cap Growth ETF 2.2 6 44 2.6 +2.6
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.0 35 15 2.7 +2.7
VBK Vanguard Small-Cap Growth ETF 2.0 7 43 1.2 +1.2
RSSL Global X Russell 2000 ETF 1.9 8 42 2.6 +2.6
FDNI First Trust Dow Jones International Internet ETF 1.9 65 -15 25.6 +25.6
IWM iShares Russell 2000 ETF 1.8 19 31 2.5 +2.5
TIME Clockwise Core Equity & Innovation ETF 1.8 95 -45 2.1 +2.1
PNQI Invesco NASDAQ Internet ETF 1.8 60 -10 3.9 +3.9
MFVL Motley Fool Value Factor ETF 1.8 50 0 5.8 +5.8
CGGR Capital Group Growth ETF 1.7 39 11 2.5 +2.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.7 9 41 3.5 +3.5
IVES Wedbush ETFMG Global Cloud Technology ETF 1.7 68 -18 3.5 +3.5
VTWO Vanguard Russell 2000 ETF 1.7 7 43 2.6 +2.6
PWB Invesco Large Cap Growth ETF 1.7 56 -6 1.9 +1.9
WAR U.S. Global Tech and Aerospace & Defense ETF 1.7 60 -10 0.1 +0.1
BKSE BNY Mellon US Small Cap Core Equity ETF 1.6 4 46 4.9 +4.9
GRNY Fundstrat Granny Shots US Large Cap ETF 1.6 75 -25 2.1 +2.1
XDAT Franklin Exponential Data ETF 1.5 50 0 1.1 +1.1
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.5 57 -7 2.3 +2.3
VOT Vanguard Mid-Cap Growth ETF 1.4 7 43 3.0 +3.0
VXF Vanguard Extended Market ETF 1.4 5 45 3.6 +3.6
XITK State Street SPDR FactSet Innovative Technology ETF 1.4 45 5 0.1 +0.1
FFND Future Fund Active ETF 1.3 100 -50 4.2 +4.2
IWO iShares Russell 2000 Growth ETF 1.3 24 26 0.5 +0.5
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.3 95 -45 -0.6 -0.6
STXK Strive Small-Cap ETF 1.2 18 32 4.9 +4.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.2 35 15 3.3 +3.3
ISCB iShares Morningstar Small-Cap ETF 1.2 4 46 5.2 +5.2
FTCE First Trust New Constructs Core Earnings Leaders ETF 1.1 60 -10 4.4 +4.4
VTWG Vanguard Russell 2000 Growth ETF 1.1 10 40 0.6 +0.6
JHSC John Hancock Multifactor Small Cap ETF 1.1 42 8 5.8 +5.8
FNX First Trust Mid Cap Core AlphaDEX Fund 1.1 60 -10 6.0 +6.0
DTEC ALPS Disruptive Technologies ETF 1.1 50 0 3.5 +3.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.1 64 -14 1.2 +1.2
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.0 60 -10 5.8 +5.8
FNCL Fidelity MSCI Financials Index ETF 1.0 8 42 5.8 +5.8
FTEC Fidelity MSCI Information Technology Index ETF 1.0 8 42 3.0 +3.0
VO Vanguard Mid-Cap ETF 1.0 4 46 20.6 +20.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.0 60 -10 -0.9 -0.9
BGRO iShares Large Cap Growth Active ETF 1.0 55 -5 1.9 +1.9
XLF Financial Select Sector SPDR 1.0 8 42 5.4 +5.4
VGT Vanguard Information Technology ETF 0.9 9 41 24.7 +24.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.9 17 33 4.7 +4.7
VB Vanguard Small-Cap ETF 0.9 5 45 5.0 +5.0
VFH Vanguard Financials ETF 0.9 9 41 5.8 +5.8
TRFM AAM Transformers ETF 0.9 49 1 0.9 +0.9
IMCG iShares Morningstar Mid-Cap Growth ETF 0.8 6 44 3.2 +3.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.8 15 35 5.9 +5.9
AVMC Avantis U.S. Mid Cap Equity ETF 0.8 18 32 5.9 +5.9
SIZE iShares MSCI USA Size Factor ETF 0.8 15 35 5.3 +5.3
SMMD iShares Russell 2500 ETF 0.8 15 35 5.3 +5.3
EUSA iShares MSCI USA Equal Weighted ETF 0.8 9 41 5.3 +5.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.8 20 30 3.8 +3.8
PTL Inspire 500 ETF 0.8 9 41 4.4 +4.4
SFYF SoFi Social 50 ETF 0.8 29 21 0.8 +0.8
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 37 1.6 +1.6
ITAN Sparkline Intangible Value ETF 0.8 50 0 5.8 +5.8
IMCB iShares Morningstar Mid-Cap ETF 0.7 4 46 5.0 +5.0
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.7 20 30 4.0 +4.0
EZM WisdomTree U.S. MidCap Fund 0.7 38 12 7.8 +7.8
WLDR Affinity World Leaders Equity ETF 0.7 67 -17 5.7 +5.7
IYF iShares U.S. Financials ETF 0.7 40 10 5.4 +5.4
STXM Strive Mid-Cap ETF 0.7 18 32 5.9 +5.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.7 9 41 5.1 +5.1
VOE Vanguard Mid-Cap Value ETF 0.7 7 43 6.7 +6.7
IMCV iShares Morningstar Mid-Cap Value ETF 0.7 6 44 6.8 +6.8
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.7 40 10 2.9 +2.9
WSML iShares MSCI World Small-Cap ETF 0.7 15 35 5.2 +5.2
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 1 6.2 +6.2
LCLG Logan Capital Broad Innovative Growth ETF 0.6 99 -49 2.7 +2.7
CRTC Xtrackers US National Critical Technologies ETF 0.6 35 15 4.1 +4.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 43 5.1 +5.1
XT iShares Exponential Technologies ETF 0.6 46 4 3.7 +3.7
IWP iShares Russell Mid-Cap Growth ETF 0.6 23 27 2.8 +2.8
XJR iShares ESG Screened S&P Small-Cap ETF 0.6 12 38 5.8 +5.8
IWR iShares Russell Midcap ETF 0.6 19 31 5.2 +5.2
VFVA Vanguard U.S. Value Factor ETF 0.6 13 37 9.1 +9.1
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.6 15 35 3.4 +3.4
IWS iShares Russell Mid-Cap Value ETF 0.6 23 27 5.8 +5.8
IYG iShares US Financial Services ETF 0.6 40 10 5.0 +5.0
DFAS Dimensional U.S. Small Cap ETF 0.6 26 24 5.3 +5.3
FYC First Trust Small Cap Growth AlphaDEX Fund 0.6 71 -21 -0.6 -0.6
IJT iShares S&P Small-Cap 600 Growth ETF 0.6 18 32 3.4 +3.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.5 25 25 7.4 +7.4
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -18 2.6 +2.6
IGM iShares Expanded Tech Sector ETF 0.5 41 9 2.6 +2.6
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.5 3 47 6.0 +6.0
VIOO Vanguard S&P Small-Cap 600 ETF 0.5 7 43 5.8 +5.8
IEDI iShares U.S. Consumer Focused ETF 0.5 18 32 5.3 +5.3
AVMV Avantis U.S. Mid Cap Value ETF 0.5 20 30 7.2 +7.2
IJR iShares Core S&P Small Cap ETF 0.5 6 44 6.0 +6.0
QQQ Invesco QQQ Trust Series I 0.5 20 30 3.1 +3.1
QQQM Invesco NASDAQ 100 ETF 0.5 15 35 3.2 +3.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 46 5.5 +5.5
IXG iShares Global Financials ETF 0.5 42 8 5.9 +5.9
NANC Unusual Whales Subversive Democratic Trading ETF 0.5 75 -25 2.8 +2.8
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.5 61 -11 5.7 +5.7
IYJ iShares U.S. Industrials ETF 0.5 40 10 3.8 +3.8
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.5 60 -10 3.3 +3.3
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 10 40 3.4 +3.4
IETC iShares U.S. Tech Independence Focused ETF 0.5 18 32 3.1 +3.1
VLUE iShares MSCI USA Value Factor ETF 0.5 15 35 6.1 +6.1
BUYZ Franklin Disruptive Commerce ETF 0.5 50 0 2.4 +2.4
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.4 15 35 8.7 +8.7
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 30 5.7 +5.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 10 40 8.7 +8.7
JSML Janus Henderson Small Cap Growth Alpha ETF 0.4 30 20 2.5 +2.5
IJS iShares S&P Small-Cap 600 Value ETF 0.4 18 32 8.6 +8.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 29 2.9 +2.9
KLMN Invesco MSCI North America Climate ETF 0.4 9 41 4.2 +4.2
USEW Cambria US EW ETF 0.4 30 20 4.0 +4.0
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 8 5.3 +5.3
EES WisdomTree U.S. SmallCap Fund 0.4 38 12 7.5 +7.5
XOEF iShares S&P 500 ex S&P 100 ETF 0.4 20 30 4.5 +4.5
FXL First Trust Technology AlphaDEX Fund 0.4 61 -11 5.0 +5.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.4 4 46 3.3 +3.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.4 12 38 5.2 +5.2
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 22 2.8 +2.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.4 24 26 5.7 +5.7
PBUS Invesco MSCI USA ETF 0.4 4 46 4.1 +4.1
FPX First Trust US Equity Opportunities ETF 0.4 61 -11 0.7 +0.7
ETHO Etho Climate Leadership U.S. ETF 0.3 47 3 4.0 +4.0
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.3 35 15 6.6 +6.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 25 4.8 +4.8
GOP Unusual Whales Subversive Republican Trading ETF 0.3 50 0 4.1 +4.1
GEW Cambria Global EW ETF 0.3 29 21 5.3 +5.3
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 -15 3.4 +3.4
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 41 4.1 +4.1
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.3 40 10 3.5 +3.5
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 40 4.9 +4.9
VEGN US Vegan Climate ETF 0.3 60 -10 3.2 +3.2
IWD iShares Russell 1000 Value ETF 0.3 19 31 5.2 +5.2
MODL VictoryShares WestEnd U.S. Sector ETF 0.3 42 8 4.0 +4.0
VONV Vanguard Russell 1000 Value ETF 0.3 7 43 5.3 +5.3
SCHA Schwab U.S. Small-Cap ETF 0.3 4 46 4.1 +4.1
BLES Inspire Global Hope ETF 0.3 61 -11 5.7 +5.7
VTI Vanguard Total Stock Market ETF 0.3 3 47 4.1 +4.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 6.0 +6.0
DFSV Dimensional US Small Cap Value ETF 0.3 31 19 8.6 +8.6
SMLF iShares U.S. SmallCap Equity Factor ETF 0.3 15 35 4.7 +4.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 47 4.1 +4.1
VTHR Vanguard Russell 3000 ETF 0.3 7 43 4.1 +4.1
GXPT Global X PureCap MSCI Information Technology ETF 0.3 25 25 3.2 +3.2
IWV iShares Russell 3000 ETF 0.3 20 30 4.0 +4.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 40 4.2 +4.2
STXV Strive 1000 Value ETF 0.2 18 32 6.7 +6.7
AOTG AOT Growth and Innovation ETF 0.2 75 -25 1.1 +1.1
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.2 4 46 5.6 +5.6
IVE iShares S&P 500 Value ETF 0.2 18 32 5.5 +5.5
VOOV Vanguard S&P 500 Value ETF 0.2 7 43 5.6 +5.6
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 39 4.3 +4.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 39 4.1 +4.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 43 4.0 +4.0
DXUV Dimensional US Vector Equity ETF 0.2 28 22 5.2 +5.2
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 30 3.1 +3.1
IUSV iShares Core S&P US Value ETF 0.2 4 46 5.7 +5.7
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 15 4.1 +4.1
AVUQ Avantis U.S. Quality ETF 0.2 15 35 3.6 +3.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 48 4.1 +4.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 50 4.1 +4.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 15 5.2 +5.2
AFSM First Trust Active Factor Small Cap ETF 0.2 75 -25 5.4 +5.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 11 3.3 +3.3
VUG Vanguard Growth ETF 0.2 4 46 20.4 +20.4
FESM Fidelity Enhanced Small Cap ETF 0.2 28 22 2.1 +2.1
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 10 5.1 +5.1
VOTE TCW Transform 500 ETF 0.2 5 45 4.0 +4.0
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 14 3.1 +3.1
FDN First Trust Dow Jones Internet Index Fund 0.2 52 -2 2.7 +2.7
FDND FT Vest Dow Jones Internet & Target Income ETF 0.2 75 -25 2.7 +2.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 41 4.8 +4.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 4.6 +4.6
YNOT Horizon Digital Frontier ETF 0.2 75 -25 2.5 +2.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 4.8 +4.8
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 4.5 +4.5
IYW iShares U.S. Technology ETF 0.2 40 10 2.9 +2.9
GXLC Global X U.S. 500 ETF 0.2 2 48 4.0 +4.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.2 12 38 3.7 +3.7
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 32 4.6 +4.6
FTA First Trust Large Cap Value AlphaDEX Fund 0.2 59 -9 7.5 +7.5
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 8 3.5 +3.5
RWL Invesco S&P 500 Revenue ETF 0.2 39 11 5.6 +5.6
STXG Strive 1000 Growth ETF 0.2 18 32 3.2 +3.2
ILCG iShares Morningstar Growth ETF 0.2 4 46 3.0 +3.0
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 22 8.4 +8.4
VT Vanguard Total World Stock ETF 0.2 6 44 4.9 +4.9
FEX First Trust Large Cap Core AlphaDEX Fund 0.2 59 -9 4.8 +4.8
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 4.2 +4.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 41 4.4 +4.4
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 31 4.8 +4.8
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 44 7.5 +7.5
GVLU Gotham 1000 Value ETF 0.2 50 0 8.2 +8.2
VONE Vanguard Russell 1000 ETF 0.2 7 43 4.2 +4.2
VV Vanguard Large-Cap ETF 0.2 4 46 4.1 +4.1
SCHB Schwab U.S. Broad Market ETF 0.2 3 47 4.2 +4.2
IWB iShares Russell 1000 ETF 0.2 15 35 4.1 +4.1
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 47 4.1 +4.1
IYY iShares Dow Jones U.S. ETF 0.2 20 30 4.0 +4.0
SCHK Schwab 1000 Index ETF 0.2 5 45 4.2 +4.2
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.2 49 1 7.2 +7.2
SCHX Schwab U.S. Large-Cap ETF 0.2 3 47 4.2 +4.2
TEXN iShares Texas Equity ETF 0.2 20 30 5.1 +5.1
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 32 3.9 +3.9
AVUS Avantis U.S. Equity ETF 0.2 15 35 4.7 +4.7
TMFC Motley Fool 100 Index ETF 0.2 50 0 2.9 +2.9
SFY SoFi Select 500 ETF 0.2 0 50 3.7 +3.7
TOK iShares MSCI Kokusai ETF 0.2 26 24 4.2 +4.2
ILCV iShares Morningstar Value ETF 0.2 4 46 5.2 +5.2
IWX iShares Russell Top 200 Value ETF 0.2 20 30 4.8 +4.8
APUE ActivePassive U.S. Equity ETF 0.2 45 5 3.8 +3.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 11 2.1 +2.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 41 4.3 +4.3
JHML John Hancock Multifactor Large Cap ETF 0.2 29 21 4.4 +4.4
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.1 12 38 6.1 +6.1
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 32 4.3 +4.3
DFUS Dimensional U.S. Equity ETF 0.1 9 41 4.0 +4.0
DFLV Dimensional US Large Cap Value ETF 0.1 22 28 6.0 +6.0
VTV Vanguard Value ETF 0.1 4 46 5.7 +5.7
URTH iShares MSCI World ETF 0.1 24 26 4.3 +4.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 36 4.1 +4.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 7.0 +7.0
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 41 4.0 +4.0
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 41 3.9 +3.9
IUS Invesco RAFI Strategic US ETF 0.1 19 31 5.5 +5.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 28 5.9 +5.9
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 21 4.0 +4.0
TOPC iShares S&P 500 3% Capped ETF 0.1 15 35 4.3 +4.3
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 5.7 +5.7
ACVF American Conservative Values ETF 0.1 75 -25 3.7 +3.7
ACWI iShares MSCI ACWI ETF 0.1 32 18 4.6 +4.6
RVRB Reverb ETF 0.1 30 20 3.8 +3.8
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 40 3.7 +3.7
XVV iShares ESG Screened S&P 500 ETF 0.1 8 42 4.1 +4.1
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 10 3.6 +3.6
CHRI Global X S&P 500 Christian Values ETF 0.1 29 21 3.9 +3.9
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 25 4.4 +4.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 25 5.4 +5.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 30 4.7 +4.7
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 47 4.3 +4.3
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 30 3.9 +3.9
SPY SPDR S&P 500 ETF 0.1 9 41 4.1 +4.1
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 48 4.2 +4.2
VOO Vanguard S&P 500 ETF 0.1 3 47 4.2 +4.2
MTUM iShares MSCI USA Momentum Factor ETF 0.1 15 35 2.2 +2.2
RAUS RACWI US ETF 0.1 15 35 4.1 +4.1
OALC OneAscent Large Cap Core ETF 0.1 86 -36 3.3 +3.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 58 -8 5.1 +5.1
HLAL Wahed FTSE USA Shariah ETF 0.1 50 0 3.6 +3.6
EPS WisdomTree U.S. LargeCap Fund 0.1 8 42 4.7 +4.7
IVV iShares Core S&P 500 ETF 0.1 3 47 4.2 +4.2
PRF Invesco FTSE RAFI US 1000 ETF 0.1 34 16 5.5 +5.5
FYX First Trust Small Cap Core AlphaDEX Fund 0.1 61 -11 5.0 +5.0
EQL Alps Equal Sector Weight ETF 0.1 25 25 5.1 +5.1
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 43 4.4 +4.4
PRXV Praxis Impact Large Cap Value ETF 0.1 36 14 5.4 +5.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.1 12 38 3.4 +3.4
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 4.8 +4.8
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 35 4.1 +4.1
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 10 6.0 +6.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -17 8.4 +8.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 5.8 +5.8
SSPY Syntax Stratified LargeCap ETF 0.1 30 20 5.9 +5.9
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 15 4.7 +4.7
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -9 2.1 +2.1
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 32 5.5 +5.5
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 35 5.0 +5.0
VBR Vanguard Small Cap Value ETF 0.1 7 43 7.6 +7.6
AVDS Avantis International Small Cap Equity ETF 0.1 30 20 6.0 +6.0
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 28 4.1 +4.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 30 5.7 +5.7
IWL iShares Russell Top 200 ETF 0.1 15 35 3.8 +3.8
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 42 4.4 +4.4
VONG Vanguard Russell 1000 Growth ETF 0.1 7 43 3.6 +3.6
IWF iShares Russell 1000 Growth ETF 0.1 19 31 14.5 +14.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 25 6.1 +6.1
BKIE BNY Mellon International Equity ETF 0.1 4 46 5.9 +5.9
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 5.0 +5.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 47 5.7 +5.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 25 6.1 +6.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 4.4 +4.4
SCJ iShares MSCI Japan Small-Cap ETF 0.1 50 0 5.3 +5.3
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 18 3.9 +3.9
HDUS Hartford Disciplined US Equity ETF 0.1 19 31 4.7 +4.7
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.0 25 25 4.1 +4.1
USMV iShares MSCI USA Min Vol Factor ETF 0.0 15 35 5.2 +5.2
GSPY Gotham Enhanced 500 ETF 0.0 50 0 4.4 +4.4
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 5.4 +5.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 32 6.2 +6.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -15 6.3 +6.3
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 5.1 +5.1
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.0 20 30 5.9 +5.9
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.0 9 41 4.1 +4.1
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 27 7.2 +7.2
SCHC Schwab International Small-Cap Equity ETF 0.0 11 39 6.6 +6.6
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.0 35 15 6.1 +6.1
DFVX Dimensional US Large Cap Vector ETF 0.0 22 28 5.2 +5.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 40 3.7 +3.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 42 6.3 +6.3
VPL Vanguard FTSE Pacific ETF 0.0 7 43 5.0 +5.0
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 5.9 +5.9
GXC SPDR S & P China ETF 0.0 59 -9 19.4 +19.4
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 46 5.9 +5.9
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 33 6.3 +6.3
IWY iShares Russell Top 200 Growth ETF 0.0 20 30 3.6 +3.6
VEA Vanguard FTSE Developed Markets ETF 0.0 3 47 5.8 +5.8
VSGX Vanguard ESG International Stock ETF 0.0 10 40 6.4 +6.4
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 43 6.4 +6.4
VXUS Vanguard Total International Stock ETF 0.0 5 45 6.5 +6.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 4 46 6.5 +6.5
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 9.3 +9.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 6.7 +6.7
EBI Longview Advantage ETF 0.0 35 15 5.9 +5.9
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -40 3.1 +3.1
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 0.0 65 -15 0.0 0.0

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 -24.4 %
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		 1.47 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.