VanEck Digital Transformation ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 -213.5x P/Sales
ratio		 4.9x
P/BV
ratio		 0.0x Div.
yield		 0.8%


  • 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) $179
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) $16,240
Large cap (>$10bn) 29.0%
Mid cap ($2-10bn) 10.9%
Small cap (<$2bn) 60.1%
Developed mkts 92.3%
Emerging mkts 7.7%

TOP TEN HOLDINGS
METAPLANET INC 11.0 %
MICROSTRATEGY INC-CL A 8.4 %
COINBASE GLOBAL, INC. CLASS A 8.2 %
GALAXY DIGITAL HOLDINGS LTD. 6.4 %
DEFI TECHNOLOGIES INC 5.8 %
BLOCK INC. 5.5 %
MARATHON DIGITAL HOLDINGS INC 5.5 %
CORE SCIENTIFIC, INC. 5.4 %
IRIS ENERGY LTD. 5.0 %
HUT 8 CORP 4.6 %
Total 65.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 59.6 %
CANADA 6.3 %
AUSTRALIA 4.6 %
CHINA 3.9 %
GERMANY 3.4 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-10.9% 26.3% -- -- -18.8%

Market Correlations
versus... Beta R-squared
S&P500 3.59 49%
MSCI EAFE 2.04 17%
MSCI Emg. Mkts. 1.75 12%

Technical Indicators
Recent close $12.81
30d moving avg. $11.81
Annualized volatility 86.6%
Short interest (ETF) 0.4%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 609
Turnover 4.4%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $8,037

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 318 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 60.1 85 -35 -2.7 -2.7
BKCH Global X Blockchain ETF 58.5 50 0 -4.4 -4.4
IBLC iShares Blockchain and Tech ETF 48.7 47 3 -3.7 -3.7
WGMI Valkyrie Bitcoin Miners ETF 42.1 75 -25 -9.9 -9.9
FDIG Fidelity Crypto Industry and Digital Payments ETF 41.9 39 11 -1.0 -1.0
SATO Invesco Alerian Galaxy Crypto Economy ETF 34.5 61 -11 -2.3 -2.3
BLOK Amplify Transformational Data Sharing ETF 32.2 75 -25 0.3 +0.3
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 29.1 85 -35 0.0 0.0
BWEB Bitwise Web3 ETF 28.8 85 -35 0.2 +0.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 28.3 68 -18 0.3 +0.3
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 26.1 65 -15 -1.5 -1.5
STCE Schwab Crypto Thematic ETF 22.4 30 20 1.6 +1.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 19.4 61 -11 1.5 +1.5
FINX Global X FinTech ETF 15.8 68 -18 2.5 +2.5
ARKF ARK Fintech Innovation ETF 11.9 75 -25 -0.4 -0.4
ARKW ARK Next Generation Internet ETF 10.5 87 -37 -0.6 -0.6
ARKK ARK Innovation ETF 10.3 75 -25 -2.9 -2.9
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 9.3 75 -25 4.5 +4.5
YALL God Bless America ETF 6.9 65 -15 3.9 +3.9
XSW SPDR S&P Software & Services ETF 6.5 35 15 1.9 +1.9
BPAY BlackRock Future Financial and Technology ETF 6.4 70 -20 7.3 +7.3
BCDF Horizon Kinetics Blockchain Development ETF 6.0 85 -35 4.0 +4.0
CBSE Clough Select Equity ETF 5.8 85 -35 1.4 +1.4
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 5.5 40 10 4.4 +4.4
FDFF Fidelity Disruptive Finance ETF 5.5 50 0 4.1 +4.1
BUZZ VanEck Social Sentiment ETF 5.0 75 -25 -0.2 -0.2
PSCT Invesco S&P SmallCap Information Technology ETF 4.9 29 21 5.8 +5.8
METV Roundhill Ball Metaverse ETF 4.6 59 -9 7.4 +7.4
TMAT Main Thematic Innovation ETF 4.3 164 -114 -1.5 -1.5
TIME Clockwise Core Equity & Innovation ETF 4.0 95 -45 2.8 +2.8
DAT ProShares Big Data Refiners ETF 3.9 58 -8 2.0 +2.0
MVPA Miller Value Partners Appreciation ETF 3.7 60 -10 8.6 +8.6
CLOD Themes Cloud Computing ETF 3.6 35 15 3.0 +3.0
VOT Vanguard Mid-Cap Growth ETF 3.5 7 43 3.7 +3.7
IGV iShares Expanded Tech-Software Sector ETF 3.5 41 9 2.8 +2.8
KOMP SPDR S&P Kensho New Economies Composite ETF 3.4 20 30 3.6 +3.6
IGPT Invesco AI and Next Gen Software ETF 3.1 60 -10 5.0 +5.0
OCFS Otter Creek Focus Strategy ETF 3.0 85 -35 3.7 +3.7
FCLD Fidelity Cloud Computing ETF 3.0 39 11 3.2 +3.2
VXF Vanguard Extended Market ETF 2.9 6 44 5.1 +5.1
TRFK Pacer Data and Digital Revolution ETF 2.7 60 -10 3.5 +3.5
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.6 57 -7 4.0 +4.0
IMCG iShares Morningstar Mid-Cap Growth ETF 2.6 6 44 4.2 +4.2
XNTK SPDR NYSE Technology ETF 2.6 35 15 4.1 +4.1
DTCR Global X Data Center & Digital Infrastructure ETF 2.5 50 0 4.7 +4.7
GRNY Fundstrat Granny Shots US Large Cap ETF 2.4 75 -25 3.4 +3.4
SFYF SoFi Social 50 ETF 2.2 29 21 0.2 +0.2
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.2 20 30 4.4 +4.4
KCE SPDR S&P Capital Markets ETF 2.1 35 15 6.1 +6.1
MILN Global X Millennial Consumer ETF 2.1 50 0 3.8 +3.8
IWP iShares Russell Mid-Cap Growth ETF 2.1 23 27 3.5 +3.5
IWC iShares Micro-Cap ETF 1.8 60 -10 -0.7 -0.7
GINN Goldman Sachs Innovate Equity ETF 1.7 52 -2 4.2 +4.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.7 35 15 4.4 +4.4
IMCB iShares Morningstar Mid-Cap ETF 1.6 4 46 6.3 +6.3
RSPF Invesco S&P 500 Equal Weight Financials ETF 1.6 40 10 7.0 +7.0
LCLG Logan Capital Broad Innovative Growth ETF 1.5 99 -49 4.3 +4.3
VO Vanguard Mid-Cap ETF 1.5 4 46 6.0 +6.0
IWR iShares Russell Midcap ETF 1.5 19 31 6.1 +6.1
FDG American Century Focused Dynamic Growth ETF 1.5 45 5 2.2 +2.2
GVIP Goldman Sachs Hedge Industry VIP ETF 1.4 45 5 3.5 +3.5
PNQI Invesco NASDAQ Internet ETF 1.4 60 -10 3.6 +3.6
GOP Unusual Whales Subversive Republican Trading ETF 1.3 50 0 6.2 +6.2
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.3 40 10 3.9 +3.9
IWS iShares Russell Mid-Cap Value ETF 1.3 23 27 7.1 +7.1
FDMO Fidelity Momentum Factor ETF 1.3 15 35 3.9 +3.9
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.3 61 -11 7.1 +7.1
IJT iShares S&P Small-Cap 600 Growth ETF 1.2 18 32 5.9 +5.9
MTUM iShares MSCI USA Momentum Factor ETF 1.2 15 35 3.6 +3.6
SLYG SPDR S&P 600 Small Cap Growth ETF 1.2 15 35 5.9 +5.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.2 58 -8 4.1 +4.1
FXL First Trust Technology AlphaDEX Fund 1.1 61 -11 5.9 +5.9
VFH Vanguard Financials ETF 1.1 10 40 6.6 +6.6
DTEC ALPS Disruptive Technologies ETF 1.0 50 0 3.9 +3.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.0 9 41 4.8 +4.8
FTA First Trust Large Cap Value AlphaDEX Fund 1.0 59 -9 9.6 +9.6
FFND Future Fund Active ETF 1.0 100 -50 4.6 +4.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.0 15 35 5.9 +5.9
CGGR Capital Group Growth ETF 1.0 39 11 3.4 +3.4
FNCL Fidelity MSCI Financials Index ETF 1.0 8 42 6.5 +6.5
DARP Grizzle Growth ETF 0.9 75 -25 3.8 +3.8
IYF iShares U.S. Financials ETF 0.9 40 10 6.2 +6.2
CHGX AXS Change Finance ESG ETF 0.9 49 1 5.1 +5.1
FNK First Trust Mid Cap Value AlphaDEX Fund 0.9 70 -20 12.2 +12.2
IYG iShares US Financial Services ETF 0.9 40 10 5.6 +5.6
ITAN Sparkline Intangible Value ETF 0.9 50 0 6.6 +6.6
IWO iShares Russell 2000 Growth ETF 0.9 24 26 1.5 +1.5
FMDE Fidelity Enhanced Mid Cap ETF 0.9 23 27 6.1 +6.1
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 5 6.3 +6.3
VTWG Vanguard Russell 2000 Growth ETF 0.8 15 35 1.5 +1.5
IGM iShares Expanded Tech Sector ETF 0.8 41 9 4.2 +4.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 15 4.4 +4.4
XLF Financial Select Sector SPDR Fund 0.8 8 42 5.9 +5.9
BUYZ Franklin Disruptive Commerce ETF 0.8 50 0 2.3 +2.3
FAB First Trust Multi Cap Value AlphaDEX Fund 0.8 67 -17 10.9 +10.9
PTL Inspire 500 ETF 0.8 9 41 5.6 +5.6
FDTX Fidelity Disruptive Technology ETF 0.7 50 0 2.8 +2.8
IYW iShares U.S. Technology ETF 0.7 40 10 4.3 +4.3
VGT Vanguard Information Technology ETF 0.7 10 40 4.4 +4.4
FTEC Fidelity MSCI Information Technology Index ETF 0.7 8 42 4.4 +4.4
RSSL Global X Russell 2000 ETF 0.7 8 42 4.8 +4.8
IWM iShares Russell 2000 ETF 0.7 19 31 4.9 +4.9
VTWO Vanguard Russell 2000 ETF 0.7 10 40 4.9 +4.9
IETC iShares U.S. Tech Independence Focused ETF 0.7 18 32 4.0 +4.0
TRFM AAM Transformers ETF 0.7 49 1 1.8 +1.8
VUG Vanguard Growth ETF 0.7 4 46 4.2 +4.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.7 65 -15 3.5 +3.5
FTC First Trust Large Cap Growth AlphaDEX Fund 0.7 59 -9 2.9 +2.9
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 46 6.5 +6.5
SCHG Schwab U.S. Large-Cap Growth ETF 0.7 4 46 4.2 +4.2
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 25 10.9 +10.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.7 6 44 3.0 +3.0
AIEQ AI Powered Equity ETF 0.7 75 -25 5.4 +5.4
IJR iShares Core S&P Small Cap ETF 0.6 6 44 8.3 +8.3
VFMO Vanguard U.S. Momentum Factor ETF 0.6 13 37 3.2 +3.2
VIOO Vanguard S&P Small-Cap 600 ETF 0.6 10 40 8.3 +8.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.6 3 47 8.3 +8.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 41 6.3 +6.3
JAVA JPMorgan Active Value ETF 0.6 44 6 6.7 +6.7
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 -9 6.3 +6.3
JOET Virtus Terranova US Quality Momentum ETF 0.6 29 21 4.9 +4.9
SFY SoFi Select 500 ETF 0.6 0 50 4.7 +4.7
QQQM Invesco NASDAQ 100 ETF 0.6 15 35 4.4 +4.4
QQQ Invesco QQQ Trust Series I 0.6 20 30 4.3 +4.3
ILCG iShares Morningstar Growth ETF 0.6 4 46 3.9 +3.9
STXK Strive Small-Cap ETF 0.5 18 32 6.6 +6.6
IWN iShares Russell 2000 Value ETF 0.5 24 26 8.4 +8.4
GLBL Pacer MSCI World Industry Advantage ETF 0.5 65 -15 4.5 +4.5
OPTZ Optimize Strategy Index ETF 0.5 50 0 5.3 +5.3
VTWV Vanguard Russell 2000 Value ETF 0.5 15 35 8.4 +8.4
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 41 6.3 +6.3
FBCG Fidelity Blue Chip Growth ETF 0.5 59 -9 3.2 +3.2
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 23 9.5 +9.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.5 35 15 5.4 +5.4
SIZE iShares MSCI USA Size Factor ETF 0.5 15 35 6.1 +6.1
GQQQ Astoria US Quality Growth Kings ETF 0.5 35 15 5.0 +5.0
IMCV iShares Morningstar Mid-Cap Value ETF 0.5 6 44 8.6 +8.6
IYJ iShares U.S. Industrials ETF 0.5 40 10 4.6 +4.6
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 38 7.9 +7.9
JHSC John Hancock Multifactor Small Cap ETF 0.5 42 8 7.2 +7.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 29 4.1 +4.1
XT iShares Exponential Technologies ETF 0.5 46 4 5.7 +5.7
STXG Strive 1000 Growth ETF 0.4 18 32 4.1 +4.1
IXG iShares Global Financials ETF 0.4 42 8 6.8 +6.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 -10 8.1 +8.1
IWD iShares Russell 1000 Value ETF 0.4 19 31 6.7 +6.7
VEGN US Vegan Climate ETF 0.4 60 -10 4.7 +4.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.4 15 35 8.4 +8.4
VONV Vanguard Russell 1000 Value ETF 0.4 8 42 6.8 +6.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.4 64 -14 2.4 +2.4
USXF iShares ESG Advanced MSCI USA ETF 0.4 10 40 4.9 +4.9
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 41 5.0 +5.0
LRND IQ U.S. Large Cap R&D Leaders ETF 0.4 14 36 5.9 +5.9
KLMN Invesco MSCI North America Climate ETF 0.4 9 41 5.3 +5.3
ISCB iShares Morningstar Small-Cap ETF 0.4 4 46 6.5 +6.5
VV Vanguard Large-Cap ETF 0.4 4 46 5.1 +5.1
FYC First Trust Small Cap Growth AlphaDEX Fund 0.4 71 -21 0.5 +0.5
MODL VictoryShares WestEnd U.S. Sector ETF 0.4 42 8 4.8 +4.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 47 5.2 +5.2
VTI Vanguard Total Stock Market ETF 0.3 3 47 5.2 +5.2
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 47 5.2 +5.2
STRV Strive 500 ETF 0.3 5 45 5.1 +5.1
VTHR Vanguard Russell 3000 ETF 0.3 10 40 5.2 +5.2
IWV iShares Russell 3000 ETF 0.3 20 30 5.1 +5.1
SCHX Schwab U.S. Large-Cap ETF 0.3 3 47 5.3 +5.3
BFOR ALPS Barron's 400 ETF 0.3 65 -15 6.2 +6.2
LST Leuthold Select Industries ETF 0.3 91 -41 5.7 +5.7
SCHB Schwab U.S. Broad Market ETF 0.3 3 47 5.3 +5.3
QGRW WisdomTree U.S. Quality Growth Fund 0.3 28 22 4.4 +4.4
PBUS Invesco MSCI USA ETF 0.3 4 46 5.2 +5.2
IYY iShares Dow Jones U.S. ETF 0.3 20 30 5.1 +5.1
TOV JLens 500 Jewish Advocacy U.S. ETF 0.3 18 32 5.0 +5.0
SCHK Schwab 1000 Index ETF 0.3 5 45 5.3 +5.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 33 6.3 +6.3
IWB iShares Russell 1000 ETF 0.3 15 35 5.2 +5.2
VONE Vanguard Russell 1000 ETF 0.3 8 42 5.2 +5.2
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 -2 5.6 +5.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 -8 5.6 +5.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 38 4.7 +4.7
GSPY Gotham Enhanced 500 ETF 0.3 50 0 5.6 +5.6
IEDI iShares U.S. Consumer Focused ETF 0.3 18 32 5.3 +5.3
AOTG AOT Growth and Innovation ETF 0.3 75 -25 2.1 +2.1
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 8 5.0 +5.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 40 5.5 +5.5
VBK Vanguard Small-Cap Growth ETF 0.3 7 43 2.0 +2.0
APUE ActivePassive U.S. Equity ETF 0.3 45 5 5.0 +5.0
MGK Vanguard Mega Cap Growth ETF 0.3 7 43 4.3 +4.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 50 5.2 +5.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 43 5.1 +5.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 38 6.8 +6.8
SFYX SoFi Next 500 ETF 0.3 0 50 6.0 +6.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 39 5.2 +5.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 48 5.2 +5.2
VOTE TCW Transform 500 ETF 0.3 5 45 5.2 +5.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 36 5.2 +5.2
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 30 4.3 +4.3
TOK iShares MSCI Kokusai ETF 0.3 26 24 5.3 +5.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -45 0.6 +0.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 38 4.7 +4.7
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.6 +3.6
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 35 5.1 +5.1
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 40 6.0 +6.0
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 32 5.7 +5.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 30 7.3 +7.3
URTH iShares MSCI World ETF 0.2 24 26 5.4 +5.4
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 30 6.7 +6.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 25 6.1 +6.1
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 25 6.5 +6.5
VONG Vanguard Russell 1000 Growth ETF 0.2 8 42 4.7 +4.7
IWF iShares Russell 1000 Growth ETF 0.2 19 31 4.6 +4.6
FDN First Trust Dow Jones Internet Index Fund 0.2 52 -2 3.3 +3.3
FDND FT Vest Dow Jones Internet & Target Income ETF 0.2 75 -25 3.1 +3.1
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 32 7.0 +7.0
SCHA Schwab U.S. Small-Cap ETF 0.2 4 46 6.7 +6.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 5.9 +5.9
ACWI iShares MSCI ACWI ETF 0.2 32 18 5.9 +5.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 41 5.4 +5.4
BLES Inspire Global Hope ETF 0.2 61 -11 7.0 +7.0
VT Vanguard Total World Stock ETF 0.2 7 43 6.2 +6.2
ULVM VictoryShares US Value Momentum ETF 0.2 20 30 7.6 +7.6
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 15 5.1 +5.1
AIQ Global X Artificial Intelligence & Technology ETF 0.2 68 -18 4.3 +4.3
AVUS Avantis U.S. Equity ETF 0.2 15 35 6.2 +6.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 6.1 +6.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 30 6.2 +6.2
FELG Fidelity Enhanced Large Cap Growth ETF 0.2 18 32 5.0 +5.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 30 6.0 +6.0
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 5.4 +5.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 41 5.5 +5.5
EVUS iShares ESG Aware MSCI USA Value ETF 0.2 18 32 7.1 +7.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 41 5.0 +5.0
RVRB Reverb ETF 0.2 30 20 4.9 +4.9
WRND IQ Global Equity R&D Leaders ETF 0.2 18 32 8.9 +8.9
DFUS Dimensional U.S. Equity ETF 0.2 9 41 5.1 +5.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 15 6.1 +6.1
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 10 6.0 +6.0
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 5.7 +5.7
VB Vanguard Small-Cap ETF 0.2 5 45 6.5 +6.5
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -2 7.3 +7.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 11 6.9 +6.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.1 35 15 8.1 +8.1
PKW Invesco Buyback Achievers ETF 0.1 62 -12 7.8 +7.8
GWX SPDR S&P International Small Cap ETF 0.1 40 10 6.5 +6.5
DFLV Dimensional US Large Cap Value ETF 0.1 22 28 8.4 +8.4
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 6.4 +6.4
EPS WisdomTree U.S. LargeCap Fund 0.1 8 42 6.1 +6.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 35 4.9 +4.9
TMFC Motley Fool 100 Index ETF 0.1 50 0 3.7 +3.7
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 32 5.4 +5.4
IVE iShares S&P 500 Value ETF 0.1 18 32 6.5 +6.5
JHML John Hancock Multifactor Large Cap ETF 0.1 29 21 5.6 +5.6
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 46 6.6 +6.6
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 35 5.2 +5.2
SUSA iShares MSCI USA ESG Select ETF 0.1 25 25 5.0 +5.0
GVLU Gotham 1000 Value ETF 0.1 50 0 9.3 +9.3
IUSV iShares Core S&P US Value ETF 0.1 4 46 6.8 +6.8
SHE SPDR MSCI USA Gender Diversity ETF 0.1 20 30 5.1 +5.1
IVV iShares Core S&P 500 ETF 0.1 3 47 5.3 +5.3
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 48 5.3 +5.3
SPY SPDR S&P 500 ETF Trust 0.1 9 41 5.2 +5.2
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 47 5.5 +5.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 26 8.3 +8.3
MGC Vanguard Mega Cap ETF 0.1 7 43 4.9 +4.9
DFVX Dimensional US Large Cap Vector ETF 0.1 22 28 6.5 +6.5
ILCV iShares Morningstar Value ETF 0.1 4 46 6.9 +6.9
IVW iShares S&P 500 Growth ETF 0.1 18 32 4.2 +4.2
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 46 4.3 +4.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 43 5.3 +5.3
DFAS Dimensional U.S. Small Cap ETF 0.1 26 24 7.0 +7.0
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 46 4.4 +4.4
DFUV Dimensional US Marketwide Value ETF 0.1 22 28 8.2 +8.2
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 8.5 +8.5
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 42 5.3 +5.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 10.3 +10.3
FYX First Trust Small Cap Core AlphaDEX Fund 0.1 61 -11 6.8 +6.8
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 5.9 +5.9
OALC OneAscent Large Cap Core ETF 0.1 86 -36 4.4 +4.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.1 25 25 8.4 +8.4
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 11 7.2 +7.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 5.3 +5.3
IUS Invesco RAFI Strategic US ETF 0.1 19 31 7.0 +7.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 21 6.7 +6.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 8.3 +8.3
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 35 8.2 +8.2
EZM WisdomTree U.S. MidCap Fund 0.1 38 12 9.7 +9.7
HKND Humankind US Stock ETF 0.1 11 39 7.5 +7.5
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 44 10.0 +10.0
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 40 4.6 +4.6
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 22 10.4 +10.4
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 35 6.7 +6.7
EBI Longview Advantage ETF 0.0 35 15 7.0 +7.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 31 6.6 +6.6
HDUS Hartford Disciplined US Equity ETF 0.0 19 31 6.0 +6.0
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -40 4.2 +4.2
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 10 7.2 +7.2
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 35 5.8 +5.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 7.6 +7.6
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 40 4.5 +4.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 25 7.5 +7.5
GXC SPDR S&P China ETF 0.0 59 -9 17.5 +17.5
IEUS iShares MSCI Europe Small-Cap ETF 0.0 42 8 7.2 +7.2
VBR Vanguard Small Cap Value ETF 0.0 7 43 9.7 +9.7
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 11.2 +11.2
JGRO JPMorgan Active Growth ETF 0.0 44 6 3.7 +3.7
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 6.2 +6.2
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.9 +7.9
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 30 7.2 +7.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 11 8.4 +8.4
FESM Fidelity Enhanced Small Cap ETF 0.0 28 22 8.2 +8.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 5 6.7 +6.7
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 6.9 +6.9
DFIS Dimensional International Small Cap ETF 0.0 39 11 7.6 +7.6
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 7.2 +7.2
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 1 10.1 +10.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 4.8 +4.8
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 26 6.5 +6.5
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 11.0 +11.0
DFAI Dimensional International Core Equity Market ETF 0.0 18 32 7.3 +7.3

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%.

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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 -27.4 %
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		 1.35 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.