Subversive Decarbonization ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 0.0x P/Sales
ratio		 0.0x
P/BV
ratio		 0.0x Div.
yield		 0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
DKRB actively invests in firms that contribute and invest in global decarbonization efforts. Companies are selected based on quantitative and qualitative factors and weighted proportionally to their involvement in this sector.

FUND BASICS
Category Global Equities
Fund Sponsor Subversive Capital Advisor LLC
Website www.subversiveetfs.com/dkrb
Inception date Dec 22, 2022
Assets (mns) $0
Currency USD
Expense ratio 75 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 3
Wgt avg mkt cap (mns) $2,658
Large cap (>$10bn) 11.3%
Mid cap ($2-10bn) 17.1%
Small cap (<$2bn) 71.6%
Developed mkts 89.7%
Emerging mkts 10.4%

TOP TEN HOLDINGS
CASH & OTHER 18.7 %
BOSS ENERGY LIMITED 8.2 %
CAMECO CORP 7.4 %
URANIUM ENERGY CORP 7.3 %
NEXGEN ENERGY LTD. 4.7 %
UR-ENERGY INC. 4.7 %
ENCORE ENERGY CORP. 4.6 %
BANNERMAN RESOURCES LTD 4.4 %
CENTRAL PUERTO S.A. SPONSORED ADR 4.3 %
DEEP YELLOW LTD 4.2 %
Total 68.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 22.3 %
CANADA 22.2 %
AUSTRALIA 16.8 %
ARGENTINA 8.0 %
NORWAY 3.6 %
CAYMAN ISLANDS 2.8 %
BRITAIN 1.4 %
GERMANY 1.2 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.3% -17.7% -- -- -19.1%

Market Correlations
versus... Beta R-squared
S&P500 -0.30 3%
MSCI EAFE 0.05 0%
MSCI Emg. Mkts. 0.11 1%

Technical Indicators
Recent close $0.00
30d moving avg. $25.23
Annualized volatility 22.3%
Short interest (ETF) 0.1%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 1.04%
ADV underlying (mns) $551

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 390 potential alternatives to the Subversive Decarbonization ETF ETF based on the alternatives' overlap in portfolio holdings with DKRB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DKRB Expense: 75 bp ALTAR Score™: 0.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DKRB
Ticker Fund
Name		 Overlap1
vs DKRB
(%)		 Expense
ratio
(bp)		 Savings
vs DKRB
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DKRB
(%)
URA Global X Uranium ETF 25.9 69 6 3.9 +3.9
URNJ Sprott Junior Uranium Miners ETF 19.6 80 -5 -2.4 -2.4
NLR VanEck Uranium+Nuclear Energy ETF 13.1 61 14 4.5 +4.5
SETM Sprott Energy Transition Materials ETF 8.9 65 10 5.3 +5.3
XME SPDR S&P Metals & Mining ETF 7.7 35 40 7.2 +7.2
ARGT Global X MSCI Argentina ETF 7.5 59 16 7.4 +7.4
FTWO Strive FAANG 2.0 ETF 6.5 49 26 4.7 +4.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 5.8 85 -10 8.1 +8.1
CCSO Carbon Collective Climate Solutions US Equity ETF 5.2 35 40 2.3 +2.3
VCLN Virtus Duff & Phelps Clean Energy ETF 3.1 59 16 3.5 +3.5
REMX VanEck Rare Earth/Strategic Metals ETF 3.1 54 21 11.9 +11.9
PBW Invesco WilderHill Clean Energy ETF 3.1 66 9 -19.8 -19.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.9 85 -10 4.9 +4.9
SAMT Strategas Macro Thematic Opportunities ETF 2.7 65 10 4.7 +4.7
PBD Invesco Global Clean Energy ETF 2.7 75 0 -3.9 -3.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 2.7 58 17 -0.3 -0.3
AADR AdvisorShares Dorsey Wright ADR ETF 2.6 110 -35 5.4 +5.4
BNE Blue Horizon BNE ETF 2.2 87 -12 5.0 +5.0
IXC iShares Global Energy ETF 1.8 44 31 8.2 +8.2
RNRG Global X Renewable Energy Producers ETF 1.8 66 9 4.9 +4.9
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 1.7 60 15 8.0 +8.0
HDRO Defiance Next Gen H2 ETF 1.7 30 45 -11.1 -11.1
HJEN Direxion Hydrogen ETF 1.7 45 30 -3.2 -3.2
HYDR Global X Hydrogen ETF 1.7 50 25 -13.6 -13.6
DMAT Global X Disruptive Materials ETF 1.6 59 16 9.9 +9.9
FDM First Trust Dow Jones Select MicroCap Index Fund 1.6 60 15 7.9 +7.9
ICLN iShares Global Clean Energy ETF 1.5 41 34 4.3 +4.3
ARKQ ARK Autonomous Technology & Robotics ETF 1.4 75 0 1.6 +1.6
IGE iShares North American Natural Resources ETF 1.4 41 34 6.4 +6.4
FENY Fidelity MSCI Energy Index ETF 1.3 8 67 6.8 +6.8
VDE Vanguard Energy ETF 1.3 10 65 6.8 +6.8
ACES ALPS Clean Energy ETF 1.2 55 20 -5.0 -5.0
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.2 60 15 5.6 +5.6
RSPG Invesco S&P 500 Equal Weight Energy ETF 1.2 40 35 7.2 +7.2
IEZ iShares U.S. Oil Equipment & Services ETF 1.2 40 35 2.3 +2.3
PXJ Invesco Oil & Gas Services ETF 1.2 63 12 2.8 +2.8
OIH VanEck Oil Services ETF 1.2 35 40 2.1 +2.1
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.2 35 40 -0.9 -0.9
NUMV Nuveen ESG Mid-Cap Value ETF 1.2 31 44 7.4 +7.4
IYE iShares U.S. Energy ETF 1.2 40 35 6.5 +6.5
XLE Energy Select Sector SPDR Fund 1.2 9 66 6.9 +6.9
FXN First Trust Energy AlphaDEX Fund 1.2 62 13 3.4 +3.4
ERTH Invesco MSCI Sustainable Future ETF 1.1 62 13 3.7 +3.7
PEXL Pacer US Export Leaders ETF 1.1 60 15 5.1 +5.1
FSST Fidelity Sustainable U.S. Equity ETF 1.1 59 16 4.9 +4.9
EWC iShares MSCI Canada ETF 1.1 50 25 6.9 +6.9
JSML Janus Henderson Small Cap Growth Alpha ETF 1.1 30 45 9.3 +9.3
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.1 30 45 12.3 +12.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.1 58 17 4.8 +4.8
FRNW Fidelity Clean Energy ETF 1.0 39 36 3.7 +3.7
CNRG SPDR S&P Kensho Clean Power ETF 1.0 45 30 -7.5 -7.5
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.0 79 -4 5.1 +5.1
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.0 55 20 3.6 +3.6
ISRA VanEck Israel ETF 1.0 59 16 8.9 +8.9
RNEW VanEck Green Infrastructure ETF 1.0 45 30 -0.4 -0.4
FILL iShares MSCI Global Energy Producers ETF 1.0 39 36 9.0 +9.0
CTEC Global X CleanTech ETF 1.0 50 25 1.0 +1.0
SIMS SPDR S&P Kensho Intelligent Structures ETF 1.0 45 30 -3.3 -3.3
FXZ First Trust Materials AlphaDEX Fund 1.0 61 14 10.2 +10.2
RBLD First Trust Alerian US NextGen Infrastructure ETF 1.0 65 10 5.1 +5.1
RFFC ALPS Active Equity Opportunity ETF 1.0 48 27 4.5 +4.5
PSCI Invesco S&P SmallCap Industrials ETF 1.0 29 46 6.0 +6.0
TAN Invesco Solar ETF 1.0 67 8 6.2 +6.2
IWC iShares Micro-Cap ETF 0.9 60 15 -4.3 -4.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.9 72 3 2.2 +2.2
BBCA JPMorgan BetaBuilders Canada ETF 0.9 19 56 7.0 +7.0
VOE Vanguard Mid-Cap Value ETF 0.9 7 68 7.4 +7.4
NULV Nuveen ESG Large-Cap Value ETF 0.9 26 49 7.1 +7.1
NTZG Nuveen Global Net Zero Transition ETF 0.9 56 19 4.9 +4.9
ENOR iShares MSCI Norway ETF 0.9 53 22 7.6 +7.6
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.9 38 37 6.7 +6.7
NORW Global X MSCI Norway ETF 0.9 50 25 7.5 +7.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.9 35 40 9.0 +9.0
FUNL CornerCap Fundametrics Large-Cap ETF 0.9 50 25 7.0 +7.0
SMOG VanEck Low Carbon Energy ETF 0.9 61 14 3.0 +3.0
GMET VanEck Green Metals ETF 0.9 63 12 9.8 +9.8
FDWM Fidelity Women's Leadership ETF 0.8 59 16 4.8 +4.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 40 4.8 +4.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.8 7 68 6.5 +6.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.8 46 29 8.8 +8.8
NANR SPDR S&P North American Natural Resources ETF 0.8 35 40 6.6 +6.6
BATT Amplify Lithium & Battery Technology ETF 0.7 59 16 2.9 +2.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.7 61 14 14.8 +14.8
NUDV Nuveen ESG Dividend ETF 0.7 26 49 7.5 +7.5
SPVM Invesco S&P 500 Value with Momentum ETF 0.7 39 36 8.4 +8.4
NULC Nuveen ESG Large-Cap ETF 0.7 21 54 5.5 +5.5
WDNA WisdomTree BioRevolution Fund 0.7 45 30 -4.5 -4.5
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 0.7 69 6 8.3 +8.3
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.7 54 21 6.2 +6.2
TPHD Timothy Plan High Dividend Stock ETF 0.6 52 23 6.2 +6.2
BKSE BNY Mellon US Small Cap Core Equity ETF 0.6 4 71 5.7 +5.7
IWN iShares Russell 2000 Value ETF 0.5 24 51 5.6 +5.6
VTWV Vanguard Russell 2000 Value ETF 0.5 15 60 5.8 +5.8
FTA First Trust Large Cap Value AlphaDEX Fund 0.5 59 16 8.2 +8.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 55 6.0 +6.0
STXK Strive Small-Cap ETF 0.5 18 57 5.5 +5.5
VO Vanguard Mid-Cap ETF 0.5 4 71 5.8 +5.8
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.5 95 -20 1.7 +1.7
DSMC Distillate Small/Mid Cash Flow ETF 0.5 55 20 11.8 +11.8
TXS Texas Capital Texas Equity Index ETF 0.5 49 26 5.6 +5.6
SUSA iShares MSCI USA ESG Select ETF 0.5 25 50 5.4 +5.4
DFAS Dimensional U.S. Small Cap ETF 0.5 26 49 6.0 +6.0
IWS iShares Russell Mid-Cap Value ETF 0.5 23 52 6.6 +6.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.4 29 46 7.4 +7.4
DFLV Dimensional US Large Cap Value ETF 0.4 22 53 7.8 +7.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -5 11.0 +11.0
IDMO Invesco S&P International Developed Momentum ETF 0.4 25 50 7.0 +7.0
GWX SPDR S&P International Small Cap ETF 0.4 40 35 6.6 +6.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 45 7.6 +7.6
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 14 7.2 +7.2
PIO Invesco Global Water ETF 0.4 75 0 4.9 +4.9
IMCG iShares Morningstar Mid-Cap Growth ETF 0.4 6 69 4.3 +4.3
IJJ iShares S&P Mid-Cap 400 Value ETF 0.4 18 57 8.2 +8.2
AFSM First Trust Active Factor Small Cap ETF 0.4 75 0 7.6 +7.6
MDYV SPDR S&P 400 Mid Cap Value ETF 0.4 15 60 8.2 +8.2
FYT First Trust Small Cap Value AlphaDEX Fund 0.4 73 2 11.7 +11.7
EWUS iShares MSCI United Kingdom Small Cap ETF 0.4 59 16 6.2 +6.2
IMTM iShares MSCI Intl Momentum Factor ETF 0.4 30 45 6.8 +6.8
ISCG iShares Morningstar Small-Cap Growth ETF 0.4 6 69 2.5 +2.5
GVLU Gotham 1000 Value ETF 0.4 50 25 7.4 +7.4
RAYD Rayliant Quantitative Developed Market Equity ETF 0.4 80 -5 4.5 +4.5
IWM iShares Russell 2000 ETF 0.4 19 56 3.6 +3.6
TRFM AAM Transformers ETF 0.4 49 26 1.3 +1.3
ISMD Inspire Small/Mid Cap ETF 0.4 54 21 6.1 +6.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 16 5.6 +5.6
VTWO Vanguard Russell 2000 ETF 0.4 10 65 3.9 +3.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.4 20 55 6.7 +6.7
SLYV SPDR S&P 600 Small Cap Value ETF 0.4 15 60 9.4 +9.4
CGUS Capital Group Core Equity ETF 0.4 33 42 4.7 +4.7
IJS iShares S&P Small-Cap 600 Value ETF 0.4 18 57 9.3 +9.3
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 15 60 8.7 +8.7
FUTY Fidelity MSCI Utilities Index ETF 0.3 8 67 6.3 +6.3
FAB First Trust Multi Cap Value AlphaDEX Fund 0.3 67 8 9.2 +9.2
IMCB iShares Morningstar Mid-Cap ETF 0.3 4 71 6.1 +6.1
DFSV Dimensional US Small Cap Value ETF 0.3 31 44 8.9 +8.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.3 80 -5 6.5 +6.5
KOMP SPDR S&P Kensho New Economies Composite ETF 0.3 20 55 2.1 +2.1
RNSC Furst Trust Small Cap US Equity Select ETF 0.3 60 15 8.4 +8.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.3 15 60 6.4 +6.4
NUSC Nuveen ESG Small-Cap ETF 0.3 31 44 5.2 +5.2
IWR iShares Russell Midcap ETF 0.3 19 56 5.7 +5.7
VPU Vanguard Utilities ETF 0.3 10 65 6.2 +6.2
SMDY Syntax Stratified MidCap ETF 0.3 35 40 6.3 +6.3
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 60 7.5 +7.5
AVUV Avantis U.S. Small Cap Value ETF 0.3 25 50 10.0 +10.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 66 4.0 +4.0
ESIX SPDR S&P SmallCap 600 ESG ETF 0.3 12 63 7.8 +7.8
BTHM BlackRock Future U.S. Themes ETF 0.3 60 15 4.3 +4.3
SSPY Syntax Stratified LargeCap ETF 0.3 30 45 6.5 +6.5
MVPS Amplify Thematic All-Stars ETF 0.3 49 26 1.7 +1.7
GNR SPDR S&P Global Natural Resources ETF 0.3 40 35 9.2 +9.2
SNPV Xtrackers S&P 500 Value ESG ETF 0.3 15 60 6.8 +6.8
DFUV Dimensional US Marketwide Value ETF 0.3 22 53 7.6 +7.6
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.3 15 60 7.6 +7.6
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 69 7.9 +7.9
REVS Columbia Research Enhanced Value ETF 0.3 19 56 7.7 +7.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 61 5.4 +5.4
FYC First Trust Small Cap Growth AlphaDEX Fund 0.3 71 4 0.9 +0.9
ISCB iShares Morningstar Small-Cap ETF 0.3 4 71 5.3 +5.3
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 33 0.0 0.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.3 45 30 6.2 +6.2
VBK Vanguard Small-Cap Growth ETF 0.3 7 68 1.5 +1.5
BFOR ALPS Barron's 400 ETF 0.3 65 10 6.6 +6.6
DFE WisdomTree Europe SmallCap Dividend Fund 0.3 58 17 10.9 +10.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 55 5.6 +5.6
QQQ Invesco QQQ Trust Series I 0.3 20 55 4.6 +4.6
QQQM Invesco NASDAQ 100 ETF 0.3 15 60 4.7 +4.7
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 63 6.8 +6.8
JHSC John Hancock Multifactor Small Cap ETF 0.2 42 33 6.2 +6.2
IYM iShares U.S. Basic Materials ETF 0.2 40 35 6.8 +6.8
AQWA Global X Clean Water ETF 0.2 50 25 4.3 +4.3
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 50 5.4 +5.4
VYM Vanguard High Dividend Yield Index ETF 0.2 6 69 7.3 +7.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 50 6.8 +6.8
MDY SPDR S&P Midcap 400 ETF Trust 0.2 23 52 6.8 +6.8
SCHA Schwab U.S. Small-Cap ETF 0.2 4 71 4.9 +4.9
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 47 6.2 +6.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 36 4.5 +4.5
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 10 65 6.9 +6.9
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 17 5.4 +5.4
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 33 6.6 +6.6
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 72 7.0 +7.0
STXV Strive 1000 Value ETF 0.2 18 57 7.8 +7.8
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.2 52 23 5.4 +5.4
OCEN IQ Clean Oceans ETF 0.2 45 30 5.3 +5.3
IJH iShares Core S&P Mid-Cap ETF 0.2 5 70 6.9 +6.9
AFMC First Trust Active Factor Mid Cap ETF 0.2 65 10 7.5 +7.5
EES WisdomTree U.S. SmallCap Fund 0.2 38 37 10.3 +10.3
EVUS iShares ESG Aware MSCI USA Value ETF 0.2 18 57 6.7 +6.7
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 55 6.2 +6.2
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.2 15 60 7.4 +7.4
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 36 11.0 +11.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 35 0.0 0.0
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 57 5.7 +5.7
HAPI Harbor Human Capital Factor US Large Cap ETF 0.2 36 39 4.8 +4.8
SFYX SoFi Next 500 ETF 0.2 0 75 5.6 +5.6
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 23 7.6 +7.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.2 29 46 6.3 +6.3
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 47 8.2 +8.2
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 62 2.8 +2.8
GSPY Gotham Enhanced 500 ETF 0.2 50 25 5.3 +5.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 66 6.0 +6.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 36 8.9 +8.9
PHO Invesco Water Resources ETF 0.2 60 15 4.3 +4.3
TPIF Timothy Plan International ETF 0.2 62 13 6.7 +6.7
XJR iShares ESG Screened S&P Small-Cap ETF 0.2 12 63 7.8 +7.8
DES WisdomTree U.S. SmallCap Dividend Fund 0.2 38 37 8.1 +8.1
IWO iShares Russell 2000 Growth ETF 0.2 24 51 1.4 +1.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.2 15 60 8.2 +8.2
VTWG Vanguard Russell 2000 Growth ETF 0.2 15 60 1.7 +1.7
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 52 8.8 +8.8
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 66 6.2 +6.2
IUSV iShares Core S&P US Value ETF 0.2 4 71 6.8 +6.8
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.2 42 33 7.5 +7.5
VIOO Vanguard S&P Small-Cap 600 ETF 0.2 10 65 7.8 +7.8
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.2 35 40 7.6 +7.6
RNMC First Trust Mid Cap US Equity Select ETF 0.2 60 15 7.9 +7.9
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 58 5.4 +5.4
SAGP Strategas Global Policy Opportunities ETF 0.2 65 10 4.5 +4.5
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.2 3 72 8.2 +8.2
AVUS Avantis U.S. Equity ETF 0.2 15 60 6.0 +6.0
IJR iShares Core S&P Small Cap ETF 0.2 6 69 8.2 +8.2
VOOV Vanguard S&P 500 Value ETF 0.2 10 65 5.6 +5.6
VXF Vanguard Extended Market ETF 0.2 6 69 3.9 +3.9
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 71 6.7 +6.7
IVE iShares S&P 500 Value ETF 0.2 18 57 6.6 +6.6
FMAT Fidelity MSCI Materials Index ETF 0.2 8 67 6.6 +6.6
VONV Vanguard Russell 1000 Value ETF 0.2 8 67 6.7 +6.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.2 58 17 9.1 +9.1
IWD iShares Russell 1000 Value ETF 0.2 19 56 6.6 +6.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 66 5.7 +5.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 58 5.7 +5.7
RWL Invesco S&P 500 Revenue ETF 0.2 39 36 6.6 +6.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 36 9.4 +9.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 68 5.8 +5.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 50 7.1 +7.1
HLAL Wahed FTSE USA Shariah ETF 0.2 50 25 5.0 +5.0
DSI iShares MSCI KLD 400 Social ETF 0.2 25 50 5.1 +5.1
CIL VictoryShares International Volatility Wtd ETF 0.2 45 30 6.9 +6.9
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.2 51 24 6.8 +6.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 50 7.1 +7.1
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 63 4.8 +4.8
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 0 4.9 +4.9
VB Vanguard Small-Cap ETF 0.2 5 70 5.4 +5.4
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 65 5.1 +5.1
JAVA JPMorgan Active Value ETF 0.1 44 31 6.3 +6.3
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 69 8.1 +8.1
SIZE iShares MSCI USA Size Factor ETF 0.1 15 60 6.0 +6.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.1 4 71 4.3 +4.3
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 71 6.7 +6.7
SSLY Syntax Stratified SmallCap ETF 0.1 40 35 7.5 +7.5
IUS Invesco RAFI Strategic US ETF 0.1 19 56 7.3 +7.3
VAW Vanguard Materials ETF 0.1 10 65 6.5 +6.5
EZM WisdomTree U.S. MidCap Fund 0.1 38 37 8.2 +8.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 72 6.9 +6.9
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 47 6.5 +6.5
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.1 24 51 8.0 +8.0
DIVB iShares Core Dividend ETF 0.1 5 70 8.0 +8.0
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 35 5.9 +5.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 30 4.7 +4.7
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 40 6.0 +6.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 65 5.2 +5.2
AFK VanEck Africa Index ETF 0.1 98 -23 10.0 +10.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 36 7.3 +7.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 15 60 7.6 +7.6
DFAU Dimensional US Core Equity Market ETF 0.1 12 63 5.4 +5.4
ISZE iShares MSCI Intl Size Factor ETF 0.1 30 45 6.6 +6.6
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 17 8.8 +8.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 0 4.7 +4.7
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 60 5.2 +5.2
VFMF Vanguard U.S. Multifactor ETF 0.1 18 57 8.7 +8.7
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 68 6.9 +6.9
PRNT 3D Printing ETF 0.1 66 9 -4.1 -4.1
RVRB Reverb ETF 0.1 30 45 5.0 +5.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 54 3.9 +3.9
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 36 7.3 +7.3
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 63 7.1 +7.1
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 45 6.8 +6.8
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 66 5.0 +5.0
VEA Vanguard FTSE Developed Markets ETF 0.1 5 70 7.0 +7.0
DLN WisdomTree U.S. LargeCap Dividend Fund 0.1 28 47 6.2 +6.2
SCHF Schwab International Equity ETF 0.1 6 69 7.0 +7.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 36 6.9 +6.9
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 66 5.7 +5.7
RECS Columbia Research Enhanced Core ETF 0.1 15 60 5.6 +5.6
BKIE BNY Mellon International Equity ETF 0.1 4 71 6.9 +6.9
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 68 5.2 +5.2
SNPE Xtrackers S&P 500 ESG ETF 0.1 10 65 5.3 +5.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 72 5.1 +5.1
TOK iShares MSCI Kokusai ETF 0.1 26 49 5.3 +5.3
VTHR Vanguard Russell 3000 ETF 0.1 10 65 5.1 +5.1
VTI Vanguard Total Stock Market ETF 0.1 3 72 5.1 +5.1
IWV iShares Russell 3000 ETF 0.1 20 55 5.0 +5.0
DFUS Dimensional U.S. Equity ETF 0.1 9 66 5.1 +5.1
URTH iShares MSCI World ETF 0.1 24 51 5.4 +5.4
SCHC Schwab International Small-Cap Equity ETF 0.1 11 64 6.4 +6.4
VTV Vanguard Value ETF 0.1 4 71 7.0 +7.0
ILCG iShares Morningstar Growth ETF 0.1 4 71 4.1 +4.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 50 7.4 +7.4
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 72 5.4 +5.4
JHML John Hancock Multifactor Large Cap ETF 0.1 29 46 5.6 +5.6
XVV iShares ESG Screened S&P 500 ETF 0.1 8 67 5.1 +5.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 5 4.6 +4.6
SCHB Schwab U.S. Broad Market ETF 0.1 3 72 5.2 +5.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 55 5.1 +5.1
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 66 5.3 +5.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 41 6.7 +6.7
VT Vanguard Total World Stock ETF 0.1 7 68 5.8 +5.8
FSMD Fidelity Small-Mid Multifactor ETF 0.1 15 60 7.6 +7.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 55 5.1 +5.1
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 46 5.1 +5.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 66 5.2 +5.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 64 5.2 +5.2
VXUS Vanguard Total International Stock ETF 0.1 7 68 7.1 +7.1
VOO Vanguard S&P 500 ETF 0.1 3 72 5.3 +5.3
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 43 5.2 +5.2
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 73 5.3 +5.3
SCHK Schwab 1000 Index ETF 0.1 5 70 5.3 +5.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 66 5.5 +5.5
SPY SPDR S&P 500 ETF Trust 0.1 9 66 5.2 +5.2
VV Vanguard Large-Cap ETF 0.1 4 71 5.2 +5.2
IVV iShares Core S&P 500 ETF 0.1 3 72 5.3 +5.3
PSC Principal U.S. Small-Cap ETF 0.1 38 37 6.6 +6.6
STRV Strive 500 ETF 0.1 5 70 5.2 +5.2
ACWI iShares MSCI ACWI ETF 0.1 32 43 5.5 +5.5
VONE Vanguard Russell 1000 ETF 0.1 8 67 5.2 +5.2
IWB iShares Russell 1000 ETF 0.1 15 60 5.1 +5.1
IYY iShares Dow Jones U.S. ETF 0.1 20 55 5.1 +5.1
PBUS Invesco MSCI USA ETF 0.1 4 71 5.3 +5.3
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 72 5.3 +5.3
SCHX Schwab U.S. Large-Cap ETF 0.1 3 72 5.3 +5.3
SFY SoFi Select 500 ETF 0.1 0 75 5.2 +5.2
AVDV Avantis International Small Cap Value ETF 0.1 36 39 8.0 +8.0
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 0 4.9 +4.9
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.1 15 60 5.8 +5.8
IJK iShares S&P Mid-Cap 400 Growth ETF 0.1 17 58 5.8 +5.8
AVDE Avantis International Equity ETF 0.1 23 52 7.9 +7.9
VUG Vanguard Growth ETF 0.1 4 71 4.3 +4.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 68 5.2 +5.2
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 75 5.3 +5.3
VOTE TCW Transform 500 ETF 0.1 5 70 5.2 +5.2
VBR Vanguard Small Cap Value ETF 0.1 7 68 8.2 +8.2
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 37 8.6 +8.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 73 5.3 +5.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 34 6.7 +6.7
ACVF American Conservative Values ETF 0.1 75 0 4.4 +4.4
DFIS Dimensional International Small Cap ETF 0.1 39 36 6.7 +6.7
SQEW LeaderShares Equity Skew ETF 0.1 81 -6 6.1 +6.1
ILCV iShares Morningstar Value ETF 0.1 4 71 6.7 +6.7
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 71 6.3 +6.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 64 5.2 +5.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 51 7.8 +7.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 64 11 2.1 +2.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 63 4.5 +4.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 50 5.7 +5.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 55 7.1 +7.1
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 36 8.7 +8.7
EPS WisdomTree U.S. LargeCap Fund 0.0 8 67 6.3 +6.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 46 9.1 +9.1
IEUR iShares Core MSCI Europe ETF 0.0 11 64 -1.3 -1.3
FIDU Fidelity MSCI Industrial Index ETF 0.0 8 67 4.7 +4.7
VIS Vanguard Industrials ETF 0.0 10 65 4.5 +4.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.0 49 26 6.7 +6.7
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 60 6.1 +6.1
DFIC Dimensional International Core Equity 2 ETF 0.0 23 52 7.4 +7.4
ROUS Hartford Multifactor US Equity ETF 0.0 19 56 6.4 +6.4
DFAI Dimensional International Core Equity Market ETF 0.0 18 57 6.9 +6.9
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 58 7.1 +7.1
IEFA iShares Core MSCI EAFE ETF 0.0 7 68 2.7 +2.7
SMMD iShares Russell 2500 ETF 0.0 15 60 6.0 +6.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.0 46 29 5.6 +5.6
IPAC iShares Core MSCI Pacific ETF 0.0 9 66 6.7 +6.7
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -14 4.8 +4.8
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 45 6.1 +6.1
DISV Dimensional International Small Cap Value ETF 0.0 42 33 9.2 +9.2
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 0 3.8 +3.8
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 51 6.2 +6.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 30 8.5 +8.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 36 7.6 +7.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 50 9.1 +9.1
DWM WisdomTree International Equity Fund 0.0 48 27 7.8 +7.8
SPEU SPDR Portfolio Europe ETF 0.0 7 68 6.6 +6.6
VGK Vanguard FTSE Europe ETF 0.0 11 64 6.8 +6.8
VPL Vanguard FTSE Pacific ETF 0.0 8 67 7.0 +7.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 35 7.8 +7.8
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 66 5.1 +5.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 45 7.8 +7.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 30 6.2 +6.2
VSGX Vanguard ESG International Stock ETF 0.0 12 63 6.8 +6.8
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 71 4.6 +4.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Subversive Decarbonization ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 2.6 %
Divided by: Fwd. P/BV 0.0 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 0.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.25 CATEGORY
AVERAGE		 1.50
 
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.