VanEck Digital Transformation ETF
ALTAR
Score™		 -5.3% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 99.2x P/Sales
ratio		 3.5x
P/BV
ratio		 3.7x Div.
yield		 1.1%


  • 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) $143
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) $8,258
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
MICROSTRATEGY INC-CL A 9.6 %
COINBASE GLOBAL, INC. CLASS A 7.7 %
BLOCK INC. 6.8 %
MARATHON DIGITAL HOLDINGS INC 6.1 %
APPLIED BLOCKCHAIN INC 6.0 %
CLEANSPARK, INC. 5.7 %
CORE SCIENTIFIC, INC. 5.5 %
RIOT BLOCKCHAIN INC 5.5 %
BITDEER TECHNOLOGIES GROUP 5.2 %
NORTHERN DATA AG 5.1 %
Total 63.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 65.4 %
CANADA 7.2 %
AUSTRALIA 4.1 %
GERMANY 3.9 %
CHINA 3.9 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
-17.5% 19.7% -- -- -21.4%

Market Correlations
versus... Beta R-squared
S&P500 3.61 49%
MSCI EAFE 2.48 24%
MSCI Emg. Mkts. 2.06 16%

Technical Indicators
Recent close $9.92
30d moving avg. $11.46
Annualized volatility 88.4%
Short interest (ETF) 2.0%
Relative strength (RSI) 37

Liquidity measures
Avg. volume (thou.) 291
Turnover 2.0%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $8,037

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 312 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™: -5.3%


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 65.4 85 -35 -2.8 +2.5
BKCH Global X Blockchain ETF 63.5 50 0 -4.3 +1.0
IBLC iShares Blockchain and Tech ETF 51.7 47 3 -4.1 +1.3
WGMI Valkyrie Bitcoin Miners ETF 45.8 75 -25 -10.5 -5.2
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 45.4 85 -35 -1.5 +3.9
FDIG Fidelity Crypto Industry and Digital Payments ETF 45.3 39 11 -0.5 +4.8
SATO Invesco Alerian Galaxy Crypto Economy ETF 33.8 61 -11 -1.1 +4.3
BLOK Amplify Transformational Data Sharing ETF 33.6 75 -25 0.4 +5.7
BWEB Bitwise Web3 ETF 28.8 85 -35 0.1 +5.4
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 27.5 65 -15 -3.8 +1.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 24.5 68 -18 2.7 +8.0
STCE Schwab Crypto Thematic ETF 22.5 30 20 1.8 +7.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 17.4 61 -11 1.4 +6.7
FINX Global X FinTech ETF 13.6 68 -18 2.6 +8.0
ARKF ARK Fintech Innovation ETF 12.0 75 -25 -0.3 +5.1
ARKK ARK Innovation ETF 9.6 75 -25 -3.3 +2.0
ARKW ARK Next Generation Internet ETF 9.2 87 -37 -1.3 +4.0
BUZZ VanEck Social Sentiment ETF 8.0 75 -25 -1.3 +4.1
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 8.0 75 -25 4.5 +9.8
BPAY BlackRock Future Financial and Technology ETF 6.4 70 -20 7.5 +12.8
CBSE Clough Select Equity ETF 5.8 85 -35 1.6 +7.0
FDFF Fidelity Disruptive Finance ETF 5.5 50 0 4.1 +9.4
TIME Clockwise Core Equity & Innovation ETF 5.3 95 -45 8.1 +13.4
YALL God Bless America ETF 5.2 65 -15 4.3 +9.6
TMAT Main Thematic Innovation ETF 4.8 164 -114 -1.5 +3.8
XSW SPDR S&P Software & Services ETF 4.0 35 15 2.0 +7.3
BCDF Horizon Kinetics Blockchain Development ETF 4.0 85 -35 4.5 +9.8
DAT ProShares Big Data Refiners ETF 3.9 58 -8 2.2 +7.5
DARP Grizzle Growth ETF 3.6 75 -25 4.7 +10.1
KOMP SPDR S&P Kensho New Economies Composite ETF 3.2 20 30 3.7 +9.0
MVPA Miller Value Partners Appreciation ETF 3.2 60 -10 8.4 +13.7
CLOD Themes Cloud Computing ETF 3.0 35 15 2.1 +7.5
FCLD Fidelity Cloud Computing ETF 3.0 39 11 3.0 +8.3
PSCT Invesco S&P SmallCap Information Technology ETF 2.9 29 21 6.0 +11.4
TRFK Pacer Data and Digital Revolution ETF 2.9 60 -10 3.9 +9.2
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 2.8 40 10 4.7 +10.0
GRNY Fundstrat Granny Shots US Large Cap ETF 2.8 75 -25 3.7 +9.0
VOT Vanguard Mid-Cap Growth ETF 2.7 7 43 3.7 +9.0
IGV iShares Expanded Tech-Software Sector ETF 2.6 41 9 3.1 +8.4
LOUP Innovator Deepwater Frontier Tech ETF 2.5 70 -20 1.8 +7.1
FPX First Trust US Equity Opportunities ETF 2.4 61 -11 1.3 +6.6
DTCR Global X Data Center & Digital Infrastructure ETF 2.3 50 0 1.7 +7.1
XNTK SPDR NYSE Technology ETF 2.2 35 15 4.4 +9.7
SFYF SoFi Social 50 ETF 2.1 29 21 0.1 +5.4
VXF Vanguard Extended Market ETF 2.1 6 44 4.5 +9.8
IGPT Invesco AI and Next Gen Software ETF 2.1 60 -10 4.9 +10.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.0 57 -7 4.3 +9.6
IMCG iShares Morningstar Mid-Cap Growth ETF 2.0 6 44 4.1 +9.5
TRFM AAM Transformers ETF 1.9 49 1 1.9 +7.2
MILN Global X Millennial Consumer ETF 1.9 50 0 3.1 +8.4
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.8 20 30 4.5 +9.8
METV Roundhill Ball Metaverse ETF 1.7 59 -9 8.3 +13.6
IWP iShares Russell Mid-Cap Growth ETF 1.7 23 27 3.7 +9.0
GINN Goldman Sachs Innovate Equity ETF 1.7 52 -2 4.4 +9.7
IWC iShares Micro-Cap ETF 1.6 60 -10 -1.1 +4.3
FDG American Century Focused Dynamic Growth ETF 1.5 45 5 2.4 +7.7
GVIP Goldman Sachs Hedge Industry VIP ETF 1.4 45 5 3.0 +8.4
FTC First Trust Large Cap Growth AlphaDEX Fund 1.3 59 -9 3.1 +8.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.3 65 -15 2.8 +8.2
FDMO Fidelity Momentum Factor ETF 1.3 15 35 4.2 +9.5
KCE SPDR S&P Capital Markets ETF 1.2 35 15 6.4 +11.7
VO Vanguard Mid-Cap ETF 1.2 4 46 5.6 +11.0
PNQI Invesco NASDAQ Internet ETF 1.1 60 -10 3.8 +9.2
IMCB iShares Morningstar Mid-Cap ETF 1.1 4 46 6.0 +11.3
LCLG Logan Capital Broad Innovative Growth ETF 1.1 99 -49 4.6 +9.9
KRUZ Unusual Whales Subversive Republican Trading ETF 1.1 75 -25 6.0 +11.3
FXL First Trust Technology AlphaDEX Fund 1.1 61 -11 5.8 +11.1
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.1 40 10 4.0 +9.3
QTUM Defiance Quantum ETF 1.1 40 10 7.7 +13.0
MTUM iShares MSCI USA Momentum Factor ETF 1.1 15 35 3.9 +9.2
IWR iShares Russell Midcap ETF 1.1 19 31 5.8 +11.1
OCFS Otter Creek Focus Strategy ETF 1.0 85 -35 4.6 +10.0
FXO First Trust Financials AlphaDEX Fund 1.0 62 -12 8.5 +13.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.0 9 41 4.0 +9.3
SMLF iShares U.S. SmallCap Equity Factor ETF 1.0 15 35 6.0 +11.3
FFND Future Fund Active ETF 1.0 100 -50 4.7 +10.0
CGGR Capital Group Growth ETF 1.0 39 11 3.7 +9.0
FNCL Fidelity MSCI Financials Index ETF 1.0 8 42 6.9 +12.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.9 35 15 3.7 +9.1
CHGX AXS Change Finance ESG ETF 0.9 49 1 5.4 +10.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.9 64 -14 2.5 +7.9
VFH Vanguard Financials ETF 0.9 10 40 7.0 +12.3
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.9 61 -11 7.1 +12.4
FMDE Fidelity Enhanced Mid Cap ETF 0.9 23 27 5.8 +11.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.8 58 -8 4.3 +9.6
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 5 7.0 +12.4
IWS iShares Russell Mid-Cap Value ETF 0.8 23 27 6.5 +11.9
AIEQ AI Powered Equity ETF 0.8 75 -25 4.2 +9.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 15 4.5 +9.9
BUYZ Franklin Disruptive Commerce ETF 0.8 50 0 2.6 +7.9
ITAN Sparkline Intangible Value ETF 0.8 50 0 6.5 +11.8
PTL Inspire 500 ETF 0.8 9 41 5.4 +10.7
FDTX Fidelity Disruptive Technology ETF 0.7 50 0 3.0 +8.4
FTEC Fidelity MSCI Information Technology Index ETF 0.7 8 42 4.7 +10.0
IWO iShares Russell 2000 Growth ETF 0.7 24 26 1.5 +6.8
IJT iShares S&P Small-Cap 600 Growth ETF 0.7 18 32 5.1 +10.4
IETC iShares U.S. Tech Independence Focused ETF 0.7 18 32 4.7 +10.0
FYC First Trust Small Cap Growth AlphaDEX Fund 0.7 71 -21 1.1 +6.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 46 5.9 +11.2
SLYG SPDR S&P 600 Small Cap Growth ETF 0.7 15 35 5.1 +10.4
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 25 10.8 +16.1
IYF iShares U.S. Financials ETF 0.7 40 10 6.9 +12.2
DTEC ALPS Disruptive Technologies ETF 0.6 50 0 4.0 +9.4
VTWG Vanguard Russell 2000 Growth ETF 0.6 15 35 1.5 +6.9
IYG iShares US Financial Services ETF 0.6 40 10 6.3 +11.6
PDP Invesco Dorsey Wright Momentum ETF 0.6 62 -12 3.6 +8.9
VGT Vanguard Information Technology ETF 0.6 10 40 4.7 +10.0
VFMO Vanguard U.S. Momentum Factor ETF 0.6 13 37 3.4 +8.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 41 6.5 +11.8
JAVA JPMorgan Active Value ETF 0.6 44 6 6.8 +12.1
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 1 7.1 +12.4
IGM iShares Expanded Tech Sector ETF 0.6 41 9 4.6 +9.9
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 21 5.3 +10.6
RSSL Global X Russell 2000 ETF 0.6 8 42 3.6 +8.9
IWM iShares Russell 2000 ETF 0.6 19 31 3.6 +9.0
VTWO Vanguard Russell 2000 ETF 0.6 10 40 3.8 +9.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 -9 7.1 +12.4
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 44 2.7 +8.1
SCHG Schwab U.S. Large-Cap Growth ETF 0.5 4 46 4.4 +9.7
FBCG Fidelity Blue Chip Growth ETF 0.5 59 -9 3.5 +8.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 15 35 5.3 +10.7
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 -11 5.9 +11.2
VUG Vanguard Growth ETF 0.5 4 46 4.3 +9.7
IYJ iShares U.S. Industrials ETF 0.5 40 10 4.8 +10.1
OPTZ Optimize Strategy Index ETF 0.5 50 0 5.3 +10.6
QQQ Invesco QQQ Trust Series I 0.5 20 30 4.6 +9.9
JHSC John Hancock Multifactor Small Cap ETF 0.5 42 8 6.9 +12.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 29 4.3 +9.6
QQQM Invesco NASDAQ 100 ETF 0.5 15 35 4.6 +9.9
STXK Strive Small-Cap ETF 0.5 18 32 5.5 +10.8
IYW iShares U.S. Technology ETF 0.5 40 10 4.6 +9.9
GLBL Pacer MSCI World Industry Advantage ETF 0.4 65 -15 5.0 +10.3
EUSA iShares MSCI USA Equal Weighted ETF 0.4 9 41 6.4 +11.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.4 15 35 7.3 +12.6
ILCG iShares Morningstar Growth ETF 0.4 4 46 4.1 +9.4
IWN iShares Russell 2000 Value ETF 0.4 24 26 5.8 +11.1
SIZE iShares MSCI USA Size Factor ETF 0.4 15 35 6.2 +11.5
VTWV Vanguard Russell 2000 Value ETF 0.4 15 35 5.9 +11.3
XJR iShares ESG Screened S&P Small-Cap ETF 0.4 12 38 6.6 +11.9
VEGN US Vegan Climate ETF 0.4 60 -10 4.6 +9.9
STXG Strive 1000 Growth ETF 0.4 18 32 4.0 +9.3
GQQQ Astoria US Quality Growth Kings ETF 0.4 35 15 5.6 +10.9
LRND IQ U.S. Large Cap R&D Leaders ETF 0.4 14 36 6.7 +12.0
IJR iShares Core S&P Small Cap ETF 0.4 6 44 7.3 +12.6
XMAG Defiance Large Cap ex-Mag 7 ETF 0.4 35 15 4.5 +9.8
FUNL CornerCap Fundametrics Large-Cap ETF 0.4 50 0 7.3 +12.7
USXF iShares ESG Advanced MSCI USA ETF 0.4 10 40 4.9 +10.2
MODL VictoryShares WestEnd U.S. Sector ETF 0.4 42 8 5.4 +10.7
LST Leuthold Select Industries ETF 0.3 91 -41 6.1 +11.4
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 10 40 7.2 +12.5
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 47 7.4 +12.7
QGRW WisdomTree U.S. Quality Growth Fund 0.3 28 22 4.7 +10.0
IEDI iShares U.S. Consumer Focused ETF 0.3 18 32 5.3 +10.6
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 -2 5.6 +11.0
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 -8 5.6 +11.0
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 38 5.0 +10.3
XT iShares Exponential Technologies ETF 0.3 46 4 5.5 +10.8
SFY SoFi Select 500 ETF 0.3 0 50 5.0 +10.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 40 5.4 +10.7
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 30 4.6 +10.0
KLMN Invesco MSCI North America Climate ETF 0.3 9 41 5.3 +10.6
ISCB iShares Morningstar Small-Cap ETF 0.3 4 46 5.6 +11.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 50 5.5 +10.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 43 5.4 +10.7
STRV Strive 500 ETF 0.3 5 45 5.4 +10.7
IWD iShares Russell 1000 Value ETF 0.3 19 31 6.7 +12.0
VONV Vanguard Russell 1000 Value ETF 0.3 8 42 6.8 +12.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 33 5.7 +11.0
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 44 7.9 +13.2
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 41 5.0 +10.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 38 6.8 +12.1
PBUS Invesco MSCI USA ETF 0.3 4 46 5.4 +10.7
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.3 60 -10 2.1 +7.4
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 8 4.1 +9.4
VBK Vanguard Small-Cap Growth ETF 0.3 7 43 1.7 +7.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.3 70 -20 2.8 +8.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 39 5.5 +10.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 47 5.3 +10.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 48 5.5 +10.8
VOTE TCW Transform 500 ETF 0.3 5 45 5.4 +10.7
VV Vanguard Large-Cap ETF 0.3 4 46 5.4 +10.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 36 5.3 +10.6
VTI Vanguard Total Stock Market ETF 0.3 3 47 5.3 +10.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 38 4.8 +10.2
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.8 +9.2
SCHX Schwab U.S. Large-Cap ETF 0.2 3 47 5.5 +10.8
AOTG AOT Growth and Innovation ETF 0.2 75 -25 2.4 +7.7
SCHB Schwab U.S. Broad Market ETF 0.2 3 47 5.4 +10.8
VTHR Vanguard Russell 3000 ETF 0.2 10 40 5.3 +10.6
SCHK Schwab 1000 Index ETF 0.2 5 45 5.5 +10.8
IYY iShares Dow Jones U.S. ETF 0.2 20 30 5.3 +10.6
IWV iShares Russell 3000 ETF 0.2 20 30 5.2 +10.5
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 47 5.4 +10.8
APUE ActivePassive U.S. Equity ETF 0.2 45 5 5.3 +10.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 25 6.0 +11.3
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 25 6.6 +11.9
IWB iShares Russell 1000 ETF 0.2 15 35 5.4 +10.7
VONE Vanguard Russell 1000 ETF 0.2 8 42 5.5 +10.8
MGK Vanguard Mega Cap Growth ETF 0.2 7 43 4.5 +9.8
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 32 7.2 +12.5
FYT First Trust Small Cap Value AlphaDEX Fund 0.2 73 -23 9.9 +15.2
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 32 5.8 +11.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 41 5.6 +10.9
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 40 6.1 +11.4
BLES Inspire Global Hope ETF 0.2 61 -11 6.9 +12.2
FDN First Trust Dow Jones Internet Index Fund 0.2 52 -2 3.5 +8.8
FDND FT Vest Dow Jones Internet & Target Income ETF 0.2 75 -25 3.2 +8.6
TOK iShares MSCI Kokusai ETF 0.2 26 24 5.0 +10.3
ULVM VictoryShares US Value Momentum ETF 0.2 20 30 8.1 +13.4
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 15 5.3 +10.6
AVUS Avantis U.S. Equity ETF 0.2 15 35 6.6 +11.9
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 35 5.5 +10.8
URTH iShares MSCI World ETF 0.2 24 26 5.5 +10.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 30 5.5 +10.9
FELG Fidelity Enhanced Large Cap Growth ETF 0.2 18 32 5.2 +10.6
SCHA Schwab U.S. Small-Cap ETF 0.2 4 46 5.3 +10.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 41 5.8 +11.2
IWF iShares Russell 1000 Growth ETF 0.2 19 31 4.8 +10.1
VONG Vanguard Russell 1000 Growth ETF 0.2 8 42 4.9 +10.2
ACWI iShares MSCI ACWI ETF 0.2 32 18 6.1 +11.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 41 5.0 +10.3
WRND IQ Global Equity R&D Leaders ETF 0.2 18 32 7.9 +13.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 6.0 +11.3
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 5.7 +11.0
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 15 6.5 +11.9
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 10 6.5 +11.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 25 6.6 +11.9
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 -18 4.7 +10.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 30 6.3 +11.6
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 5.9 +11.2
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -2 7.2 +12.5
TMFC Motley Fool 100 Index ETF 0.1 50 0 3.8 +9.2
VT Vanguard Total World Stock ETF 0.1 7 43 6.4 +11.7
RVRB Reverb ETF 0.1 30 20 2.6 +7.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.1 35 15 4.7 +10.0
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.1 42 8 5.5 +10.8
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 32 6.4 +11.7
DFLV Dimensional US Large Cap Value ETF 0.1 22 28 8.8 +14.1
DFUS Dimensional U.S. Equity ETF 0.1 9 41 5.5 +10.8
VB Vanguard Small-Cap ETF 0.1 5 45 5.7 +11.1
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 6.4 +11.7
EPS WisdomTree U.S. LargeCap Fund 0.1 8 42 6.4 +11.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 35 2.8 +8.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 30 7.0 +12.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 33 6.2 +11.6
JHML John Hancock Multifactor Large Cap ETF 0.1 29 21 6.0 +11.3
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 35 5.1 +10.4
SHE SPDR MSCI USA Gender Diversity ETF 0.1 20 30 5.2 +10.5
GWX SPDR S&P International Small Cap ETF 0.1 40 10 6.7 +12.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 7.6 +12.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 11 4.0 +9.3
DFUV Dimensional US Marketwide Value ETF 0.1 22 28 8.5 +13.8
PKW Invesco Buyback Achievers ETF 0.1 62 -12 8.0 +13.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 43 5.2 +10.6
SUSA iShares MSCI USA ESG Select ETF 0.1 25 25 5.0 +10.3
FLDZ RiverNorth Patriot ETF 0.1 75 -25 5.9 +11.3
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 42 5.3 +10.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 8.1 +13.4
GVLU Gotham 1000 Value ETF 0.1 50 0 9.1 +14.4
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 5.1 +10.4
OALC OneAscent Large Cap Core ETF 0.1 86 -36 4.8 +10.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.1 25 25 7.8 +13.1
MGC Vanguard Mega Cap ETF 0.1 7 43 5.3 +10.7
IUS Invesco RAFI Strategic US ETF 0.1 19 31 7.3 +12.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.6 +12.0
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 11 7.5 +12.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 5.2 +10.5
ILCV iShares Morningstar Value ETF 0.1 4 46 6.8 +12.2
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 8.1 +13.4
EZM WisdomTree U.S. MidCap Fund 0.1 38 12 9.3 +14.6
HKND Humankind US Stock ETF 0.1 11 39 7.5 +12.8
DFVX Dimensional US Large Cap Vector ETF 0.1 22 28 6.6 +11.9
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 22 10.0 +15.4
DFAS Dimensional U.S. Small Cap ETF 0.1 26 24 6.9 +12.3
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 44 8.4 +13.7
FAB First Trust Multi Cap Value AlphaDEX Fund 0.0 67 -17 10.1 +15.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 31 6.1 +11.4
HDUS Hartford Disciplined US Equity ETF 0.0 19 31 6.3 +11.6
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 40 4.2 +9.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.0 49 1 7.3 +12.7
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 7.6 +12.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 7.4 +12.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.0 39 11 9.8 +15.1
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 35 6.1 +11.4
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 8 7.2 +12.5
GXC SPDR S&P China ETF 0.0 59 -9 16.7 +22.0
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 40 3.3 +8.6
DFIS Dimensional International Small Cap ETF 0.0 39 11 7.9 +13.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 25 7.8 +13.1
JGRO JPMorgan Active Growth ETF 0.0 44 6 4.0 +9.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 43 7.0 +12.3
VBR Vanguard Small Cap Value ETF 0.0 7 43 8.5 +13.8
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 6.0 +11.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 30 7.2 +12.5
FESM Fidelity Enhanced Small Cap ETF 0.0 28 22 3.8 +9.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 5 6.6 +12.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 11 8.3 +13.7
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 7.1 +12.4
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 47 5.7 +11.0
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 1 10.0 +15.4
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 7.4 +12.7
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 10.9 +16.2
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 42 10.9 +16.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 4.4 +9.7
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 10.9 +16.2
VGK Vanguard FTSE Europe ETF 0.0 11 39 7.5 +12.8
VXUS Vanguard Total International Stock ETF 0.0 7 43 8.3 +13.6
DFAI Dimensional International Core Equity Market ETF 0.0 18 32 7.6 +12.9
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 26 6.6 +11.9
VEA Vanguard FTSE Developed Markets ETF 0.0 5 45 7.6 +12.9
VSGX Vanguard ESG International Stock ETF 0.0 12 38 8.2 +13.5
DFIC Dimensional International Core Equity 2 ETF 0.0 23 27 7.9 +13.3

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 -17.0 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 50 bp
Equals: ALTAR Score -5.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.35 CATEGORY
AVERAGE		 1.55
 
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.