VanEck Digital Transformation ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 36.7x P/Sales
ratio		 13.2x
P/BV
ratio		 0.0x Div.
yield		 2.1%


  • 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) $453
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) $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
BLOCK INC. 9.6 %
COINBASE GLOBAL, INC. CLASS A 9.2 %
BITMINE IMMERSION TECHNOLOGI 9.2 %
CIRCLE INTERNET GROUP INC 8.1 %
IREN LTD 5.8 %
FIGURE TECHNOLOGY SOLUT-CL A 5.5 %
STRATEGY INC 5.4 %
BULLISH 4.6 %
RIOT BLOCKCHAIN INC 4.4 %
METAPLANET INC 4.0 %
Total 65.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 83.9 %
AUSTRALIA 5.9 %
CANADA 4.2 %
JAPAN 3.5 %
CHINA 2.3 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
18.1% 8.9% -4.5% -- -7.2%

Market Correlations
versus... Beta R-squared
S&P500 3.22 40%
MSCI EAFE 2.20 28%
MSCI Emg. Mkts. 1.63 39%

Technical Indicators
Recent close $20.91
30d moving avg. $18.07
Annualized volatility 79.3%
Short interest (ETF) 3.8%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 909
Turnover 4.2%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $8,037

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 373 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
(%)
IBLC iShares Blockchain and Tech ETF 59.8 47 3 -1.2 -1.2
BITQ Bitwise Crypto Industry Innovators ETF 58.1 85 -35 -2.1 -2.1
MNRS Grayscale Bitcoin Miners ETF 46.2 59 -9 -2.2 -2.2
WGMI Valkyrie Bitcoin Miners ETF 40.1 75 -25 -3.0 -3.0
BLOK Amplify Transformational Data Sharing ETF 38.2 75 -25 -0.1 -0.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 35.8 61 -11 -0.7 -0.7
FDIG Fidelity Crypto Industry and Digital Payments ETF 35.4 39 11 -1.2 -1.2
BCOR Grayscale Bitcoin Adopters ETF 33.8 59 -9 1.7 +1.7
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 28.9 85 -35 0.0 0.0
BWEB Bitwise Web3 ETF 24.3 85 -35 -0.1 -0.1
FINX Global X FinTech ETF 23.7 68 -18 3.0 +3.0
STCE Schwab Crypto Thematic ETF 18.5 30 20 2.5 +2.5
WTRE WisdomTree New Economy Real Estate Fund 17.4 58 -8 -0.3 -0.3
ARKF ARK Fintech Innovation ETF 16.2 75 -25 0.2 +0.2
ARKK ARK Innovation ETF 15.2 75 -25 -2.5 -2.5
ARKW ARK Next Generation Internet ETF 15.0 87 -37 0.5 +0.5
TCAI Tortoise AI Infrastructure ETF 12.4 65 -15 1.5 +1.5
BUZZ VanEck Social Sentiment ETF 11.6 75 -25 -0.7 -0.7
MVPA Miller Value Partners Appreciation ETF 9.0 60 -10 9.7 +9.7
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 8.2 75 -25 6.3 +6.3
AGIX KraneShares Artificial Intelligence and Technology ETF 7.5 99 -49 1.1 +1.1
FDFF Fidelity Disruptive Finance ETF 7.0 50 0 5.2 +5.2
BPAY BlackRock Future Financial and Technology ETF 6.7 70 -20 5.3 +5.3
XSW State Street SPDR S&P Software & Services ETF 6.2 35 15 2.5 +2.5
SAMM Strategas Macro Momentum ETF 5.9 66 -16 3.6 +3.6
CBSE Clough Select Equity ETF 5.8 85 -35 0.4 +0.4
SPRX Spear Alpha ETF 5.6 75 -25 -0.8 -0.8
GVIP Goldman Sachs Hedge Industry VIP ETF 4.6 45 5 2.5 +2.5
KBWR Invesco KBW Regional Banking ETF 4.5 35 15 8.5 +8.5
METV Roundhill Ball Metaverse ETF 4.5 59 -9 7.3 +7.3
YALL God Bless America ETF 4.5 65 -15 4.6 +4.6
FMKT The Free Markets ETF 4.0 76 -26 4.2 +4.2
BJK VanEck Gaming ETF 4.0 65 -15 4.6 +4.6
GRNJ Fundstrat Granny Shots US Small & Mid Cap ETF 3.6 75 -25 2.1 +2.1
DTCR Global X Data Center & Digital Infrastructure ETF 3.6 50 0 3.5 +3.5
IGV iShares Expanded Tech-Software Sector ETF 3.5 41 9 3.2 +3.2
BCDF Horizon Kinetics Blockchain Development ETF 3.5 85 -35 3.8 +3.8
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 3.5 40 10 4.0 +4.0
PSCT Invesco S&P SmallCap Information Technology ETF 3.5 29 21 3.2 +3.2
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 3.5 20 30 0.8 +0.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 3.4 70 -20 2.3 +2.3
DAT ProShares Big Data Refiners ETF 3.4 58 -8 2.8 +2.8
GINN Goldman Sachs Innovate Equity ETF 3.1 52 -2 3.7 +3.7
GRNY Fundstrat Granny Shots US Large Cap ETF 3.0 75 -25 2.2 +2.2
IPO Renaissance IPO ETF 3.0 60 -10 1.7 +1.7
AIPO Defiance AI & Power Infrastructure ETF 3.0 69 -19 0.9 +0.9
KCE State Street SPDR S&P Capital Markets ETF 2.9 35 15 5.9 +5.9
FFF Founders 100 ETF 2.9 75 -25 2.3 +2.3
MILN Global X Millennial Consumer ETF 2.5 50 0 4.3 +4.3
SPHB Invesco S&P 500 High Beta ETF 2.5 25 25 3.6 +3.6
ACSG American Century Small Cap Growth Insights ETF 2.4 49 1 4.9 +4.9
CLOD Themes Cloud Computing ETF 2.4 35 15 3.0 +3.0
RSPF Invesco S&P 500 Equal Weight Financials ETF 2.3 40 10 6.2 +6.2
BKSE BNY Mellon US Small Cap Core Equity ETF 2.2 4 46 15.9 +15.9
FXL First Trust Technology AlphaDEX Fund 2.2 61 -11 4.9 +4.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.2 9 41 3.7 +3.7
IVES Wedbush ETFMG Global Cloud Technology ETF 2.0 68 -18 3.5 +3.5
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.0 57 -7 2.5 +2.5
VBK Vanguard Small-Cap Growth ETF 2.0 7 43 1.3 +1.3
FTCE First Trust New Constructs Core Earnings Leaders ETF 1.9 60 -10 4.7 +4.7
SPGP Invesco S&P 500 GARP ETF 1.9 34 16 5.9 +5.9
VOT Vanguard Mid-Cap Growth ETF 1.9 7 43 3.2 +3.2
FDNI First Trust Dow Jones International Internet ETF 1.8 65 -15 27.2 +27.2
ERTH Invesco MSCI Sustainable Future ETF 1.7 62 -12 3.5 +3.5
FFND Future Fund Active ETF 1.7 100 -50 4.4 +4.4
WISE Themes Generative Artificial Intelligence ETF 1.7 35 15 -0.4 -0.4
ISCG iShares Morningstar Small-Cap Growth ETF 1.6 6 44 2.8 +2.8
ANEW ProShares MSCI Transformational Changes ETF 1.6 45 5 4.2 +4.2
FNX First Trust Mid Cap Core AlphaDEX Fund 1.6 60 -10 6.4 +6.4
JHSC John Hancock Multifactor Small Cap ETF 1.6 42 8 6.2 +6.2
MFVL Motley Fool Value Factor ETF 1.5 50 0 5.6 +5.6
SMOT VanEck Morningstar SMID Moat ETF 1.5 49 1 6.6 +6.6
VXF Vanguard Extended Market ETF 1.5 5 45 3.8 +3.8
CGGR Capital Group Growth ETF 1.4 39 11 2.7 +2.7
IMCG iShares Morningstar Mid-Cap Growth ETF 1.4 6 44 3.4 +3.4
IWO iShares Russell 2000 Growth ETF 1.4 24 26 0.5 +0.5
IWS iShares Russell Mid-Cap Value ETF 1.4 23 27 6.0 +6.0
IWM iShares Russell 2000 ETF 1.2 19 31 2.7 +2.7
RSSL Global X Russell 2000 ETF 1.2 8 42 2.7 +2.7
TIME Clockwise Core Equity & Innovation ETF 1.2 95 -45 2.1 +2.1
VO Vanguard Mid-Cap ETF 1.2 4 46 21.3 +21.3
VTWO Vanguard Russell 2000 ETF 1.2 7 43 2.8 +2.8
SMMD iShares Russell 2500 ETF 1.2 15 35 5.6 +5.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.2 64 -14 1.4 +1.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 1.2 35 15 6.0 +6.0
TRFM AAM Transformers ETF 1.2 49 1 1.0 +1.0
EUSA iShares MSCI USA Equal Weighted ETF 1.2 9 41 5.6 +5.6
ISCB iShares Morningstar Small-Cap ETF 1.1 4 46 5.4 +5.4
XDAT Franklin Exponential Data ETF 1.1 50 0 1.1 +1.1
RNIN Bushido Capital US SMID Cap Equity ETF 1.1 70 -20 9.4 +9.4
DTEC ALPS Disruptive Technologies ETF 1.1 50 0 3.5 +3.5
VTWG Vanguard Russell 2000 Growth ETF 1.1 10 40 0.7 +0.7
IWR iShares Russell Midcap ETF 1.1 19 31 5.4 +5.4
AVMC Avantis U.S. Mid Cap Equity ETF 1.1 18 32 6.3 +6.3
HYP Golden Eagle Dynamic Hypergrowth ETF 1.1 85 -35 -0.8 -0.8
IWN iShares Russell 2000 Value ETF 1.1 24 26 4.7 +4.7
PNQI Invesco NASDAQ Internet ETF 1.1 60 -10 3.8 +3.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.1 20 30 4.0 +4.0
WAR U.S. Global Tech and Aerospace & Defense ETF 1.0 60 -10 0.2 +0.2
XLF Financial Select Sector SPDR 1.0 8 42 5.6 +5.6
FNCL Fidelity MSCI Financials Index ETF 1.0 8 42 6.0 +6.0
VTWV Vanguard Russell 2000 Value ETF 1.0 10 40 4.8 +4.8
IMCB iShares Morningstar Mid-Cap ETF 1.0 4 46 5.2 +5.2
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.0 40 10 2.8 +2.8
VB Vanguard Small-Cap ETF 1.0 5 45 5.3 +5.3
PTF Invesco Dorsey Wright Technology Momentum ETF 1.0 60 -10 -1.0 -1.0
SFYF SoFi Social 50 ETF 1.0 29 21 0.8 +0.8
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 1.0 60 -10 3.5 +3.5
JSML Janus Henderson Small Cap Growth Alpha ETF 1.0 30 20 2.8 +2.8
EZM WisdomTree U.S. MidCap Fund 1.0 38 12 8.2 +8.2
IYF iShares U.S. Financials ETF 1.0 40 10 5.6 +5.6
VFH Vanguard Financials ETF 1.0 9 41 6.0 +6.0
STXK Strive Small-Cap ETF 1.0 18 32 5.3 +5.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.9 36 14 8.3 +8.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.9 15 35 4.0 +4.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.9 4 46 17.5 +17.5
XITK State Street SPDR FactSet Innovative Technology ETF 0.9 45 5 0.1 +0.1
VFMO Vanguard U.S. Momentum Factor ETF 0.9 13 37 1.8 +1.8
FYC First Trust Small Cap Growth AlphaDEX Fund 0.9 71 -21 -0.6 -0.6
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.9 60 -10 6.3 +6.3
FTEC Fidelity MSCI Information Technology Index ETF 0.9 8 42 3.0 +3.0
SIZE iShares MSCI USA Size Factor ETF 0.9 15 35 5.6 +5.6
XT iShares Exponential Technologies ETF 0.9 46 4 3.9 +3.9
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.9 20 30 4.3 +4.3
ITAN Sparkline Intangible Value ETF 0.9 50 0 5.7 +5.7
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.9 60 -10 -0.9 -0.9
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.8 17 33 5.0 +5.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.8 9 41 5.2 +5.2
LCLG Logan Capital Broad Innovative Growth ETF 0.8 99 -49 3.1 +3.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.8 7 43 5.4 +5.4
VOE Vanguard Mid-Cap Value ETF 0.8 7 43 6.8 +6.8
WLDR Affinity World Leaders Equity ETF 0.8 67 -17 5.5 +5.5
VGT Vanguard Information Technology ETF 0.7 9 41 24.8 +24.8
STXM Strive Mid-Cap ETF 0.7 18 32 6.0 +6.0
ISCV iShares Morningstar Small Cap Value ETF 0.7 6 44 7.7 +7.7
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.7 35 15 3.5 +3.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.7 65 -15 4.8 +4.8
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.7 25 25 7.8 +7.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 44 6.9 +6.9
FESM Fidelity Enhanced Small Cap ETF 0.6 28 22 2.3 +2.3
IYG iShares US Financial Services ETF 0.6 40 10 5.1 +5.1
CRTC Xtrackers US National Critical Technologies ETF 0.6 35 15 4.1 +4.1
FPX First Trust US Equity Opportunities ETF 0.6 61 -11 0.9 +0.9
PTL Inspire 500 ETF 0.6 9 41 4.6 +4.6
IETC iShares U.S. Tech Independence Focused ETF 0.6 18 32 3.1 +3.1
WSML iShares MSCI World Small-Cap ETF 0.6 15 35 5.4 +5.4
RPV Invesco S&P 500 Pure Value ETF 0.5 35 15 8.5 +8.5
VLUE iShares MSCI USA Value Factor ETF 0.5 15 35 6.1 +6.1
IYJ iShares U.S. Industrials ETF 0.5 40 10 4.3 +4.3
IXG iShares Global Financials ETF 0.5 42 8 5.9 +5.9
SCHG Schwab U.S. Large-Cap Growth ETF 0.5 4 46 3.4 +3.4
IGM iShares Expanded Tech Sector ETF 0.5 41 9 2.7 +2.7
VONV Vanguard Russell 1000 Value ETF 0.5 7 43 5.3 +5.3
IWD iShares Russell 1000 Value ETF 0.5 19 31 5.2 +5.2
QGRW WisdomTree U.S. Quality Growth Fund 0.5 28 22 3.0 +3.0
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.5 15 35 3.8 +3.8
USEW Cambria US EW ETF 0.5 30 20 4.2 +4.2
IGPT Invesco AI and Next Gen Software ETF 0.5 60 -10 2.3 +2.3
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 32 3.8 +3.8
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 38 6.3 +6.3
DFAS Dimensional U.S. Small Cap ETF 0.5 26 24 5.6 +5.6
XOEF iShares S&P 500 ex S&P 100 ETF 0.5 20 30 4.8 +4.8
IYW iShares U.S. Technology ETF 0.5 40 10 2.9 +2.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.5 24 26 6.1 +6.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 29 3.0 +3.0
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 8 5.6 +5.6
VIOO Vanguard S&P Small-Cap 600 ETF 0.4 7 43 6.3 +6.3
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.4 3 47 6.5 +6.5
IJR iShares Core S&P Small Cap ETF 0.4 6 44 6.4 +6.4
EES WisdomTree U.S. SmallCap Fund 0.4 38 12 7.8 +7.8
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 30 5.9 +5.9
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.4 40 10 3.7 +3.7
VFVA Vanguard U.S. Value Factor ETF 0.4 13 37 9.0 +9.0
ETHO Etho Climate Leadership U.S. ETF 0.4 47 3 4.1 +4.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.4 10 40 3.8 +3.8
NANC Unusual Whales Subversive Democratic Trading ETF 0.4 75 -25 2.9 +2.9
BUYZ Franklin Disruptive Commerce ETF 0.4 50 0 2.6 +2.6
FDN First Trust Dow Jones Internet Index Fund 0.4 52 -2 2.6 +2.6
FDND FT Vest Dow Jones Internet & Target Income ETF 0.4 75 -25 2.6 +2.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -45 -0.5 -0.5
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 -11 5.3 +5.3
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.4 35 15 6.8 +6.8
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 41 4.2 +4.2
GOP Unusual Whales Subversive Republican Trading ETF 0.4 50 0 4.2 +4.2
GEW Cambria Global EW ETF 0.4 29 21 5.4 +5.4
VEGN US Vegan Climate ETF 0.4 60 -10 3.4 +3.4
GLBL Pacer MSCI World Industry Advantage ETF 0.4 65 -15 3.4 +3.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 10 40 9.0 +9.0
IJS iShares S&P Small-Cap 600 Value ETF 0.4 18 32 9.0 +9.0
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.4 15 35 9.0 +9.0
PDP Invesco Dorsey Wright Momentum ETF 0.4 62 -12 1.7 +1.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.4 15 35 6.3 +6.3
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 8 3.6 +3.6
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -9 2.3 +2.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 25 4.9 +4.9
ILCG iShares Morningstar Growth ETF 0.3 4 46 3.2 +3.2
VTHR Vanguard Russell 3000 ETF 0.3 7 43 4.1 +4.1
IWV iShares Russell 3000 ETF 0.3 20 30 4.0 +4.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 38 5.2 +5.2
AOTG AOT Growth and Innovation ETF 0.3 75 -25 1.2 +1.2
PRXG Praxis Impact Large Cap Growth ETF 0.3 36 14 3.2 +3.2
VBR Vanguard Small Cap Value ETF 0.3 7 43 8.0 +8.0
XMAG Defiance Large Cap ex-Mag 7 ETF 0.3 35 15 4.3 +4.3
VTI Vanguard Total Stock Market ETF 0.3 3 47 4.1 +4.1
IWP iShares Russell Mid-Cap Growth ETF 0.3 23 27 3.1 +3.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 6.2 +6.2
AVMV Avantis U.S. Mid Cap Value ETF 0.3 20 30 7.6 +7.6
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.3 4 46 5.7 +5.7
VOOV Vanguard S&P 500 Value ETF 0.3 7 43 5.6 +5.6
VONE Vanguard Russell 1000 ETF 0.3 7 43 4.2 +4.2
IVE iShares S&P 500 Value ETF 0.3 18 32 5.6 +5.6
IWB iShares Russell 1000 ETF 0.3 15 35 4.2 +4.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 47 4.2 +4.2
GXPT Global X PureCap MSCI Information Technology ETF 0.3 25 25 3.3 +3.3
STXV Strive 1000 Value ETF 0.3 18 32 6.7 +6.7
IUSV iShares Core S&P US Value ETF 0.3 4 46 5.8 +5.8
VUG Vanguard Growth ETF 0.3 4 46 21.2 +21.2
MODL VictoryShares WestEnd U.S. Sector ETF 0.3 42 8 4.0 +4.0
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 27 5.4 +5.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 39 4.2 +4.2
AVUQ Avantis U.S. Quality ETF 0.2 15 35 3.7 +3.7
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 35 5.0 +5.0
SCHA Schwab U.S. Small-Cap ETF 0.2 4 46 4.4 +4.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 50 12.5 +12.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 43 4.1 +4.1
BLES Inspire Global Hope ETF 0.2 61 -11 5.8 +5.8
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 41 5.0 +5.0
PBUS Invesco MSCI USA ETF 0.2 4 46 4.2 +4.2
GXLC Global X U.S. 500 ETF 0.2 2 48 4.1 +4.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 15 5.5 +5.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 10 5.4 +5.4
MNZL Manzil Russell Halal USA Broad MarketETF 0.2 40 10 3.8 +3.8
STXG Strive 1000 Growth ETF 0.2 18 32 3.3 +3.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 4.7 +4.7
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 47 4.1 +4.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 48 4.2 +4.2
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 -18 2.7 +2.7
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 40 4.2 +4.2
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 32 3.9 +3.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 4.8 +4.8
QGRO American Century U.S. Quality Growth ETF 0.2 29 21 4.1 +4.1
DXUV Dimensional US Vector Equity ETF 0.2 28 22 5.2 +5.2
VT Vanguard Total World Stock ETF 0.2 6 44 5.0 +5.0
VV Vanguard Large-Cap ETF 0.2 4 46 4.1 +4.1
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 25 4.6 +4.6
VOTE TCW Transform 500 ETF 0.2 5 45 4.1 +4.1
RWL Invesco S&P 500 Revenue ETF 0.2 39 11 5.7 +5.7
GSPY Gotham Enhanced 500 ETF 0.2 50 0 4.3 +4.3
IYY iShares Dow Jones U.S. ETF 0.2 20 30 4.1 +4.1
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 4.6 +4.6
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 32 4.7 +4.7
SCHB Schwab U.S. Broad Market ETF 0.2 3 47 4.2 +4.2
SCHK Schwab 1000 Index ETF 0.2 5 45 4.3 +4.3
SCHX Schwab U.S. Large-Cap ETF 0.2 3 47 4.3 +4.3
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 31 4.7 +4.7
AVUS Avantis U.S. Equity ETF 0.2 15 35 4.8 +4.8
SFY SoFi Select 500 ETF 0.2 0 50 3.7 +3.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 36 4.2 +4.2
APUE ActivePassive U.S. Equity ETF 0.2 45 5 3.9 +3.9
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 32 4.4 +4.4
PRXV Praxis Impact Large Cap Value ETF 0.2 36 14 5.4 +5.4
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 4.3 +4.3
DFLV Dimensional US Large Cap Value ETF 0.2 22 28 5.9 +5.9
TOK iShares MSCI Kokusai ETF 0.2 26 24 4.3 +4.3
VTV Vanguard Value ETF 0.2 4 46 5.7 +5.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 41 4.4 +4.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 11 7.4 +7.4
IWX iShares Russell Top 200 Value ETF 0.2 20 30 4.8 +4.8
TMFC Motley Fool 100 Index ETF 0.2 50 0 3.0 +3.0
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 25 6.3 +6.3
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.2 12 38 6.1 +6.1
URTH iShares MSCI World ETF 0.2 24 26 4.3 +4.3
JHML John Hancock Multifactor Large Cap ETF 0.2 29 21 4.5 +4.5
QQQM Invesco NASDAQ 100 ETF 0.2 15 35 3.3 +3.3
QQQ Invesco QQQ Trust Series I 0.2 20 30 3.3 +3.3
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 35 5.8 +5.8
TOPC iShares S&P 500 3% Capped ETF 0.2 15 35 4.4 +4.4
IUS Invesco RAFI Strategic US ETF 0.2 19 31 5.4 +5.4
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 21 4.1 +4.1
ACWI iShares MSCI ACWI ETF 0.1 32 18 4.6 +4.6
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 40 3.9 +3.9
XVV iShares ESG Screened S&P 500 ETF 0.1 8 42 4.2 +4.2
DFUV Dimensional US Marketwide Value ETF 0.1 22 28 5.9 +5.9
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 41 4.1 +4.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 41 4.0 +4.0
PRF Invesco FTSE RAFI US 1000 ETF 0.1 34 16 5.5 +5.5
CHRI Global X S&P 500 Christian Values ETF 0.1 29 21 4.0 +4.0
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 32 5.5 +5.5
ILCV iShares Morningstar Value ETF 0.1 4 46 5.2 +5.2
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 4.4 +4.4
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 30 4.0 +4.0
DFUS Dimensional U.S. Equity ETF 0.1 9 41 4.1 +4.1
EPS WisdomTree U.S. LargeCap Fund 0.1 8 42 4.7 +4.7
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 39 4.3 +4.3
QQMG Invesco ESG NASDAQ 100 ETF 0.1 20 30 3.2 +3.2
VOO Vanguard S&P 500 ETF 0.1 3 47 4.2 +4.2
RAUS RACWI US ETF 0.1 15 35 4.1 +4.1
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 48 4.2 +4.2
SPY SPDR S&P 500 ETF 0.1 9 41 4.2 +4.2
IVV iShares Core S&P 500 ETF 0.1 3 47 4.2 +4.2
KLMN Invesco MSCI North America Climate ETF 0.1 9 41 4.3 +4.3
AVDS Avantis International Small Cap Equity ETF 0.1 30 20 5.9 +5.9
EQL Alps Equal Sector Weight ETF 0.1 25 25 5.2 +5.2
HLAL Wahed FTSE USA Shariah ETF 0.1 50 0 3.6 +3.6
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 6.1 +6.1
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 4.9 +4.9
TEXN iShares Texas Equity ETF 0.1 20 30 5.0 +5.0
ACVF American Conservative Values ETF 0.1 75 -25 3.8 +3.8
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 35 5.0 +5.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 11 3.6 +3.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.1 12 38 3.7 +3.7
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 28 4.1 +4.1
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 15 5.0 +5.0
SSPY Syntax Stratified LargeCap ETF 0.1 30 20 6.1 +6.1
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 10 6.1 +6.1
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 4.9 +4.9
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 43 4.4 +4.4
OALC OneAscent Large Cap Core ETF 0.1 86 -36 3.4 +3.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -25 3.2 +3.2
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.1 25 25 4.2 +4.2
IWL iShares Russell Top 200 ETF 0.1 15 35 3.9 +3.9
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 40 4.9 +4.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 30 5.8 +5.8
BKIE BNY Mellon International Equity ETF 0.1 4 46 17.8 +17.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 58 -8 5.2 +5.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 35 4.3 +4.3
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 32 5.3 +5.3
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 42 4.4 +4.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 25 6.1 +6.1
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.1 35 15 6.6 +6.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 25 6.1 +6.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 41 4.4 +4.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 4.5 +4.5
USMV iShares MSCI USA Min Vol Factor ETF 0.1 15 35 5.4 +5.4
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
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 32 4.3 +4.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 11 2.2 +2.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 25 5.5 +5.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 32 6.3 +6.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 5.8 +5.8
HDUS Hartford Disciplined US Equity ETF 0.0 19 31 4.8 +4.8
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 27 7.2 +7.2
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 5.2 +5.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -15 6.6 +6.6
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 5.3 +5.3
SCHC Schwab International Small-Cap Equity ETF 0.0 11 39 6.5 +6.5
IWF iShares Russell 1000 Growth ETF 0.0 19 31 15.4 +15.4
FLJH Franklin FTSE Japan Hedged ETF 0.0 9 41 4.9 +4.9
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.0 9 41 4.2 +4.2
FLJP Franklin FTSE Japan ETF 0.0 9 41 5.1 +5.1
VONG Vanguard Russell 1000 Growth ETF 0.0 7 43 3.8 +3.8
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 3.9 +3.9
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 40 3.7 +3.7
VPL Vanguard FTSE Pacific ETF 0.0 7 43 5.0 +5.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 42 6.3 +6.3
GXC SPDR S & P China ETF 0.0 59 -9 19.7 +19.7
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 6.0 +6.0
VSGX Vanguard ESG International Stock ETF 0.0 10 40 6.5 +6.5
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 46 6.0 +6.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.0 49 1 6.0 +6.0
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 33 6.6 +6.6
VEA Vanguard FTSE Developed Markets ETF 0.0 3 47 5.9 +5.9
DFVX Dimensional US Large Cap Vector ETF 0.0 22 28 5.3 +5.3
VXUS Vanguard Total International Stock ETF 0.0 5 45 6.6 +6.6
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 43 6.5 +6.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 4 46 6.7 +6.7
GVLU Gotham 1000 Value ETF 0.0 50 0 8.1 +8.1
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 9.4 +9.4
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.