Global X Data Center & Digital Infrastructure ETF
ALTAR
Score™		 2.6% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 19.8x P/Sales
ratio		 3.1x
P/BV
ratio		 2.6x Div.
yield		 3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VPN invests in companies that operate data center REITs and other digital infrastructure supporting the growth of communication networks.

FUND BASICS
Category Global Equities
Fund Sponsor Global X
Website www.globalxetfs.com
Inception date Oct 29, 2020
Assets (mns) $58
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 25
Wgt avg mkt cap (mns) $119,131
Large cap (>$10bn) 69.4%
Mid cap ($2-10bn) 20.8%
Small cap (<$2bn) 9.8%
Developed mkts 89.2%
Emerging mkts 10.8%

TOP TEN HOLDINGS
EQUINIX INC 11.2 %
AMERICAN TOWER CORP-CL A 10.5 %
CROWN CASTLE INTL CORP 10.4 %
DIGITAL REALTY TRUST INC 8.7 %
SUPER MICRO COMPUTER, INC. 5.5 %
NEXTDC LIMITED 5.3 %
CHINA TOWER CORP. LTD. CLASS H 5.0 %
DIGITALBRIDGE GROUP, INC. CLASS A 4.4 %
KEPPEL DC REIT 3.9 %
SBA COMMUNICATIONS CORP. CLASS A 3.8 %
Total 68.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 73.2 %
CHINA 9.6 %
AUSTRALIA 5.4 %
SINGAPORE 4.0 %
INDONESIA 3.1 %
HONG KONG 2.3 %
TAIWAN 1.9 %
SOUTH KOREA 0.6 %



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.
4.6% 18.2% -- -- 3.4%

Market Correlations
versus... Beta R-squared
S&P500 1.09 72%
MSCI EAFE 1.10 67%
MSCI Emg. Mkts. 1.04 65%

Technical Indicators
Recent close $14.44
30d moving avg. $13.89
Annualized volatility 22.9%
Short interest (ETF) 0.7%
Relative strength (RSI) 71

Liquidity measures
Avg. volume (thou.) 31
Turnover 0.8%
Bid/Ask (% of price) 0.62%
ADV underlying (mns) $60,351

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 693 potential alternatives to the Global X Data Center & Digital Infrastructure ETF ETF based on the alternatives' overlap in portfolio holdings with DTCR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DTCR Expense: 50 bp ALTAR Score™: 2.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DTCR
Ticker Fund
Name		 Overlap1
vs DTCR
(%)		 Expense
ratio
(bp)		 Savings
vs DTCR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DTCR
(%)
SRVR Pacer Data & Infrastructure Real Estate ETF 61.0 55 -5 2.9 +0.3
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF 46.1 41 9 8.7 +6.1
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 37.9 60 -10 3.9 +1.2
ROOF IQ CBRE NextGen Real Estate ETF 31.8 60 -10 7.9 +5.2
JPRE JPMorgan Realty Income ETF 29.9 50 0 6.9 +4.2
ICF iShares Cohen & Steers REIT ETF 29.2 33 17 7.0 +4.3
XLRE Real Estate Select Sector SPDR Fund 27.9 9 41 7.0 +4.4
PSR Invesco Active U.S. Real Estate Fund 25.8 35 15 7.8 +5.2
CRED Columbia Research Enhanced Real Estate ETF 24.2 33 17 7.7 +5.1
WTRE WisdomTree New Economy Real Estate Fund 23.8 58 -8 5.0 +2.4
BYRE Principal Real Estate Active Opportunities ETF 23.1 65 -15 6.3 +3.6
FPRO Fidelity Real Estate Investment ETF 22.9 59 -9 6.1 +3.4
DFAR Dimensional US Real Estate ETF 22.3 19 31 7.5 +4.8
FREL Fidelity MSCI Real Estate Index ETF 21.7 8 42 7.3 +4.7
IYR iShares U.S. Real Estate ETF 20.8 40 10 7.2 +4.6
SCHH Schwab U.S. REIT ETF 20.7 7 43 7.7 +5.1
AVRE Avantis Real Estate ETF 18.8 17 33 6.6 +4.0
VNQ Vanguard Real Estate ETF 17.9 12 38 7.3 +4.6
DFGR Dimensional Global Real Estate ETF 16.9 22 28 7.0 +4.4
IGPT Invesco AI and Next Gen Software ETF 16.4 60 -10 3.7 +1.1
IDAT iShares Future Cloud 5G and Tech ETF 16.2 47 3 4.5 +1.8
IVRA Invesco Real Assets ESG ETF 15.5 59 -9 7.1 +4.5
RSPR Invesco S&P 500 Equal Weight Real Estate ETF 14.9 40 10 7.1 +4.5
NXTG First Trust Indxx NextG ETF 14.4 70 -20 5.9 +3.3
JRE Janus Henderson U.S. Real Estate ETF 13.9 65 -15 6.4 +3.7
BWEB Bitwise Web3 ETF 13.1 85 -35 0.9 -1.8
FMET Fidelity Metaverse ETF 12.9 39 11 4.3 +1.6
RDOG ALPS REIT Dividend Dogs ETF 12.6 35 15 17.0 +14.4
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 12.5 75 -25 4.9 +2.3
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 12.3 11 39 7.5 +4.9
IVES Wedbush ETFMG Global Cloud Technology ETF 12.3 68 -18 1.4 -1.3
RWR SPDR Dow Jones REIT ETF 12.2 25 25 7.2 +4.6
FCLD Fidelity Cloud Computing ETF 11.8 39 11 2.3 -0.3
BUZZ VanEck Social Sentiment ETF 11.8 75 -25 -0.7 -3.3
SOXX iShares Semiconductor ETF 11.8 35 15 5.1 +2.5
SOXQ Invesco PHLX Semiconductor ETF 11.8 19 31 5.0 +2.3
SMH VanEck Semiconductor ETF 11.6 35 15 4.1 +1.4
FRI First Trust S&P REIT Index Fund 11.5 50 0 7.1 +4.4
FIVG Defiance Next Gen Connectivity ETF 11.5 30 20 6.7 +4.0
SHOC Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF 11.5 40 10 3.7 +1.0
USRT iShares Core U.S. REIT ETF 11.3 8 42 7.5 +4.9
SPRE SP Funds S&P Global REIT Sharia ETF 11.2 55 -5 5.4 +2.8
XSD SPDR S&P Semiconductor ETF 11.2 35 15 5.0 +2.4
ARVR First Trust Indxx Metaverse ETF 11.1 70 -20 2.5 -0.2
TIME Clockwise Core Equity & Innovation ETF 11.1 95 -45 1.9 -0.7
KNCT Invesco Next Gen Connectivity ETF 11.0 40 10 5.8 +3.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 10.9 46 4 5.6 +2.9
GQRE FlexShares Global Quality Real Estate Index Fund 10.8 45 5 6.9 +4.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 10.6 57 -7 3.7 +1.1
CHAT Roundhill Generative AI & Technology ETF 10.5 75 -25 4.1 +1.5
CARZ First Trust NASDAQ Global Auto Index Fund 10.0 70 -20 3.4 +0.7
TECB iShares U.S. Tech Breakthrough Multisector ETF 9.9 40 10 4.1 +1.4
XNTK SPDR NYSE Technology ETF 9.8 35 15 3.9 +1.2
BLLD JPMorgan Sustainable Infrastructure ETF 9.8 49 1 6.2 +3.5
TRFK Pacer Data and Digital Revolution ETF 9.7 60 -10 4.0 +1.3
XLK Technology Select Sector SPDR Fund 9.5 9 41 5.2 +2.5
PSI Invesco Semiconductors ETF 9.5 57 -7 5.0 +2.4
VEGN US Vegan Climate ETF 9.4 60 -10 4.6 +2.0
ERET iShares Environmentally Aware Real Estate ETF 9.0 30 20 7.3 +4.6
FTXL First Trust Nasdaq Semiconductor ETF 8.9 60 -10 6.0 +3.3
RWO SPDR Dow Jones Global Real Estate ETF 8.8 50 0 6.9 +4.3
FTEC Fidelity MSCI Information Technology Index ETF 8.5 8 42 4.7 +2.1
RSPT Invesco S&P 500 Equal Weight Technology ETF 8.4 40 10 5.6 +2.9
REAI Intelligent Real Estate ETF 8.4 59 -9 7.6 +4.9
REET iShares Global REIT ETF 8.4 14 36 7.1 +4.5
IGM iShares Expanded Tech Sector ETF 8.4 41 9 4.4 +1.8
MTUM iShares MSCI USA Momentum Factor ETF 8.3 15 35 3.7 +1.1
QTUM Defiance Quantum ETF 8.3 40 10 3.8 +1.2
IYW iShares U.S. Technology ETF 8.3 40 10 4.4 +1.7
VGT Vanguard Information Technology ETF 8.0 10 40 4.6 +2.0
QQMG Invesco ESG NASDAQ 100 ETF 7.9 20 30 4.7 +2.0
USXF iShares ESG Advanced MSCI USA ETF 7.9 10 40 5.1 +2.5
AIQ Global X Artificial Intelligence & Technology ETF 7.7 68 -18 4.1 +1.5
WTAI WisdomTree Artificial Intelligence and Innovation Fund 7.7 45 5 1.3 -1.3
DEMZ Democratic Large Cap Core ETF 7.7 45 5 4.2 +1.5
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 7.6 56 -6 6.3 +3.6
CHGX AXS Change Finance ESG ETF 7.6 49 1 5.0 +2.4
IXN iShares Global Tech ETF 7.5 41 9 4.3 +1.6
QQQ Invesco QQQ Trust Series I 7.5 20 30 4.6 +1.9
QQQM Invesco NASDAQ 100 ETF 7.5 15 35 4.6 +2.0
RPG Invesco S&P 500 Pure Growth ETF 7.4 35 15 3.4 +0.8
TXS Texas Capital Texas Equity Index ETF 7.4 49 1 5.5 +2.9
RITA ETFB Green SRI REITs ETF 7.3 50 0 5.9 +3.3
PPTY US Diversified Real Estate ETF 7.3 53 -3 6.7 +4.1
VERS ProShares Metaverse ETF 7.3 58 -8 -8.1 -10.8
WISE Themes Generative Artificial Intelligence ETF 7.3 35 15 2.1 -0.6
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 7.3 75 -25 3.7 +1.1
NACP Impact Shares NAACP Minority Empowerment ETF 7.2 49 1 4.9 +2.3
GBUY Goldman Sachs Future Consumer Equity ETF 7.1 75 -25 3.0 +0.4
IQRA IQ CBRE Real Assets ETF 7.0 65 -15 5.9 +3.3
NZUS SPDR MSCI USA Climate Paris Aligned ETF 6.9 10 40 4.8 +2.2
LRND IQ U.S. Large Cap R&D Leaders ETF 6.8 14 36 6.2 +3.6
MBCC Monarch Blue Chips Core ETF 6.8 125 -75 3.4 +0.8
SFYF SoFi Social 50 ETF 6.6 29 21 -2.6 -5.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 6.6 10 40 4.8 +2.1
IQM Franklin Intelligent Machines ETF 6.5 50 0 3.0 +0.4
TMFG Motley Fool Global Opportunities ETF 6.5 85 -35 3.2 +0.6
XPND First Trust Expanded Technology ETF 6.5 65 -15 3.8 +1.2
XDAT Franklin Exponential Data ETF 6.4 50 0 2.8 +0.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 6.4 10 40 5.4 +2.8
MVPS Amplify Thematic All-Stars ETF 6.4 49 1 1.6 -1.0
NULC Nuveen ESG Large-Cap ETF 6.4 21 29 5.5 +2.8
ONEQ Fidelity Nasdaq Composite Index ETF 6.3 21 29 3.8 +1.2
GK AdvisorShares Gerber Kawasaki ETF 6.3 75 -25 3.2 +0.5
METV Roundhill Ball Metaverse ETF 6.2 59 -9 3.3 +0.6
DSI iShares MSCI KLD 400 Social ETF 6.2 25 25 5.1 +2.4
SNPG Xtrackers S&P 500 Growth ESG ETF 6.0 15 35 4.7 +2.0
ACVF American Conservative Values ETF 6.0 75 -25 4.4 +1.7
SUSA iShares MSCI USA ESG Select ETF 6.0 25 25 5.3 +2.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 5.9 20 30 5.0 +2.4
SNPE Xtrackers S&P 500 ESG ETF 5.9 10 40 5.2 +2.6
FDMO Fidelity Momentum Factor ETF 5.9 15 35 3.7 +1.0
ESGU iShares ESG Aware MSCI USA ETF 5.9 15 35 5.2 +2.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 5.8 61 -11 -4.0 -6.6
FFND Future Fund Active ETF 5.8 100 -50 0.3 -2.4
VFMO Vanguard U.S. Momentum Factor ETF 5.8 13 37 2.7 +0.1
SPXV ProShares S&P 500 Ex-Health Care ETF 5.8 9 41 5.1 +2.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 5.8 35 15 4.8 +2.1
LRGE ClearBridge Large Cap Growth ESG ETF 5.8 59 -9 3.3 +0.7
IETC iShares U.S. Tech Independence Focused ETF 5.7 18 32 4.4 +1.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 5.7 12 38 4.4 +1.8
SPMO Invesco S&P 500 Momentum ETF 5.7 13 37 3.7 +1.1
EGUS iShares ESG Aware MSCI USA Growth ETF 5.6 18 32 4.3 +1.6
NBDS Neuberger Berman Disrupters ETF 5.6 55 -5 1.9 -0.7
WUGI AXS Esoterica NextG Economy ETF 5.6 75 -25 2.1 -0.6
GGME Invesco Next Gen Media and Gaming ETF 5.6 60 -10 4.0 +1.4
DARP Grizzle Growth ETF 5.6 75 -25 3.1 +0.4
AOTG AOT Growth and Innovation ETF 5.6 75 -25 2.9 +0.3
SPRX Spear Alpha ETF 5.6 75 -25 -0.5 -3.2
PZLG Puzzle Mature Growth 5.6 0 50 4.2 +1.5
LRNZ TrueShares Technology, AI & Deep Learning ETF 5.6 69 -19 -1.2 -3.8
PTF Invesco Dorsey Wright Technology Momentum ETF 5.6 60 -10 0.5 -2.1
IBLC iShares Blockchain and Tech ETF 5.6 47 3 -0.9 -3.6
SPXE ProShares S&P 500 Ex-Energy ETF 5.6 9 41 5.2 +2.6
BKLC BNY Mellon US Large Cap Core Equity ETF 5.5 0 50 5.2 +2.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 5.5 47 3 5.9 +3.3
ERTH Invesco MSCI Sustainable Future ETF 5.5 62 -12 3.6 +1.0
SHE SPDR MSCI USA Gender Diversity ETF 5.5 20 30 4.9 +2.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 5.5 7 43 5.2 +2.5
SSPX Janus Henderson U.S. Sustainable Equity ETF 5.5 55 -5 3.9 +1.3
VOTE TCW Transform 500 ETF 5.4 5 45 5.2 +2.5
XITK SPDR FactSet Innovative Technology ETF 5.4 45 5 2.6 -0.0
OALC OneAscent Large Cap Core ETF 5.4 86 -36 5.8 +3.1
QGRW WisdomTree U.S. Quality Growth Fund 5.4 28 22 4.6 +1.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 5.4 2 48 5.2 +2.6
SPAM Themes Cybersecurity ETF 5.4 35 15 1.9 -0.7
XVV iShares ESG Screened S&P 500 ETF 5.4 8 42 5.1 +2.4
ESGV Vanguard ESG U.S. Stock ETF 5.4 9 41 5.0 +2.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 5.3 10 40 5.1 +2.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 5.3 30 20 4.6 +2.0
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 5.3 47 3 0.6 -2.0
HAPI Harbor Human Capital Factor US Large Cap ETF 5.3 36 14 4.7 +2.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 5.3 68 -18 5.3 +2.6
IVV iShares Core S&P 500 ETF 5.3 3 47 5.2 +2.6
SPY SPDR S&P 500 ETF Trust 5.3 9 41 5.2 +2.5
SPLG SPDR Portfolio S&P 500 ETF 5.2 2 48 5.2 +2.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 5.2 45 5 4.6 +2.0
STRV Strive 500 ETF 5.2 5 45 5.1 +2.5
IWL iShares Russell Top 200 ETF 5.2 15 35 5.0 +2.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 5.2 20 30 5.0 +2.4
MGK Vanguard Mega Cap Growth ETF 5.2 7 43 4.3 +1.7
CATH Global X S&P 500 Catholic Values Custom ETF 5.2 29 21 5.1 +2.4
FMIL Fidelity New Millennium ETF 5.2 59 -9 4.3 +1.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 5.2 11 39 5.2 +2.5
TMFC Motley Fool 100 Index ETF 5.2 50 0 3.9 +1.3
MGC Vanguard Mega Cap ETF 5.2 7 43 5.0 +2.4
VUG Vanguard Growth ETF 5.2 4 46 4.2 +1.6
VOO Vanguard S&P 500 ETF 5.2 3 47 5.3 +2.6
PBUS Invesco MSCI USA ETF 5.2 4 46 5.2 +2.6
ILCB iShares Morningstar U.S. Equity ETF 5.2 3 47 5.2 +2.6
VV Vanguard Large-Cap ETF 5.1 4 46 5.2 +2.5
SCHX Schwab U.S. Large-Cap ETF 5.1 3 47 5.2 +2.6
GLIF AGF Global Infrastructure ETF 5.1 45 5 5.5 +2.9
FSST Fidelity Sustainable U.S. Equity ETF 5.1 59 -9 4.9 +2.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 5.1 7 43 5.1 +2.5
GINN Goldman Sachs Innovate Equity ETF 5.1 52 -2 2.7 +0.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 5.1 3 47 5.4 +2.7
NANC Unusual Whales Subversive Democratic Trading ETF 5.1 75 -25 3.7 +1.0
SCHK Schwab 1000 Index ETF 5.1 5 45 5.2 +2.6
IYY iShares Dow Jones U.S. ETF 5.1 20 30 5.0 +2.4
SPXN ProShares S&P 500 Ex-Financials ETF 5.1 9 41 5.2 +2.6
RVRB Reverb ETF 5.1 30 20 4.9 +2.3
JMOM JPMorgan U.S. Momentum Factor ETF 5.1 12 38 4.8 +2.2
SUSL iShares ESG MSCI USA Leaders ETF 5.1 10 40 5.1 +2.4
SCHB Schwab U.S. Broad Market ETF 5.0 3 47 5.2 +2.5
IWB iShares Russell 1000 ETF 5.0 15 35 5.1 +2.5
STXG Strive 1000 Growth ETF 5.0 18 32 4.2 +1.5
VONE Vanguard Russell 1000 ETF 5.0 8 42 5.2 +2.5
VTI Vanguard Total Stock Market ETF 5.0 3 47 5.0 +2.4
BTEK Future Tech ETF 5.0 88 -38 2.0 -0.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 5.0 3 47 5.1 +2.5
IWV iShares Russell 3000 ETF 5.0 20 30 5.0 +2.3
SPYG SPDR Portfolio S&P 500 Growth ETF 5.0 4 46 4.5 +1.9
IVW iShares S&P 500 Growth ETF 5.0 18 32 4.4 +1.8
VTHR Vanguard Russell 3000 ETF 5.0 10 40 5.0 +2.4
NUDV Nuveen ESG Dividend ETF 5.0 26 24 7.5 +4.9
DRIV Global X Autonomous & Electric Vehicles ETF 5.0 68 -18 3.3 +0.6
BBLU EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF 5.0 15 35 5.6 +2.9
TINY ProShares Nanotechnology ETF 5.0 58 -8 1.8 -0.8
NULG Nuveen ESG Large-Cap Growth ETF 5.0 26 24 4.3 +1.7
RBLD First Trust Alerian US NextGen Infrastructure ETF 4.9 65 -15 5.1 +2.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 4.9 15 35 4.9 +2.2
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 4.9 106 -56 2.9 +0.3
KOKU Xtrackers MSCI Kokusai Equity ETF 4.9 9 41 5.4 +2.8
SFY SoFi Select 500 ETF 4.9 0 50 5.1 +2.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 4.9 14 36 5.3 +2.7
IUSG iShares Core S&P U.S. Growth ETF 4.9 4 46 4.6 +1.9
OEF iShares S&P 100 ETF 4.9 20 30 4.9 +2.3
XLG Invesco S&P 500 Top 50 ETF 4.9 20 30 4.6 +2.0
LOUP Innovator Deepwater Frontier Tech ETF 4.9 70 -20 2.3 -0.4
SCHG Schwab U.S. Large-Cap Growth ETF 4.8 4 46 4.2 +1.6
QVML Invesco S&P 500 QVM Multi-factor ETF 4.8 11 39 5.1 +2.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.8 65 -15 8.3 +5.7
SIXA ETC 6 Meridian Mega Cap Equity ETF 4.8 80 -30 5.7 +3.0
ILCG iShares Morningstar Growth ETF 4.8 4 46 4.0 +1.4
WGMI Valkyrie Bitcoin Miners ETF 4.7 75 -25 -10.7 -13.4
TOK iShares MSCI Kokusai ETF 4.7 26 24 5.2 +2.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 4.7 58 -8 4.8 +2.1
JGRO JPMorgan Active Growth ETF 4.7 44 6 3.4 +0.7
FLQL Franklin LibertyQ U.S. Equity ETF 4.6 15 35 6.0 +3.3
QLV FlexShares US Quality Low Volatility Index Fund 4.6 22 28 5.2 +2.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.6 12 38 5.0 +2.4
ADME Aptus Drawdown Managed Equity ETF 4.6 79 -29 4.3 +1.7
BKWO BNY Mellon Women's Opportunities ETF 4.6 50 0 3.8 +1.1
FDWM Fidelity Women's Leadership ETF 4.6 59 -9 4.7 +2.1
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 4.6 60 -10 4.0 +1.4
APUE ActivePassive U.S. Equity ETF 4.6 45 5 4.9 +2.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 4.5 9 41 5.8 +3.2
DFUS Dimensional U.S. Equity ETF 4.5 9 41 5.1 +2.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 4.5 25 25 5.6 +3.0
RECS Columbia Research Enhanced Core ETF 4.5 15 35 5.6 +2.9
CACG ClearBridge All Cap Growth ESG ETF 4.5 54 -4 3.4 +0.7
IWY iShares Russell Top 200 Growth ETF 4.4 20 30 4.8 +2.1
IWF iShares Russell 1000 Growth ETF 4.4 19 31 4.6 +2.0
URTH iShares MSCI World ETF 4.4 24 26 5.3 +2.7
VONG Vanguard Russell 1000 Growth ETF 4.4 8 42 4.8 +2.1
HLGE Hartford Longevity Economy ETF 4.4 44 6 6.5 +3.9
INNO Harbor Disruptive Innovation ETF 4.4 75 -25 -3.5 -6.1
GVIP Goldman Sachs Hedge Industry VIP ETF 4.4 45 5 4.6 +2.0
FDVV Fidelity High Dividend ETF 4.4 15 35 8.9 +6.3
DFAU Dimensional US Core Equity Market ETF 4.3 12 38 5.3 +2.7
SPHB Invesco S&P 500 High Beta ETF 4.3 25 25 4.9 +2.3
HAPY Harbor Human Capital Factor Unconstrained ETF 4.3 50 0 4.7 +2.1
PSET Principal Quality ETF 4.3 15 35 5.6 +3.0
WRND IQ Global Equity R&D Leaders ETF 4.3 18 32 7.1 +4.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 4.3 75 -25 4.6 +2.0
SNPV Xtrackers S&P 500 Value ESG ETF 4.2 15 35 6.8 +4.2
TRFM AAM Transformers ETF 4.2 49 1 1.2 -1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 4.2 28 22 6.2 +3.6
RAYD Rayliant Quantitative Developed Market Equity ETF 4.2 80 -30 4.5 +1.8
IBOT Vaneck Robotics ETF 4.2 47 3 3.6 +1.0
FQAL Fidelity Quality Factor ETF 4.2 15 35 5.9 +3.2
IOO iShares Global 100 ETF 4.2 41 9 4.7 +2.1
FXL First Trust Technology AlphaDEX Fund 4.2 61 -11 4.0 +1.4
VOOG Vanguard S&P 500 Growth ETF 4.2 10 40 5.4 +2.7
HDUS Hartford Disciplined US Equity ETF 4.1 19 31 6.2 +3.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.1 20 30 5.5 +2.9
DFSU Dimensional US Sustainability Core 1 ETF 4.1 18 32 5.6 +3.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 4.1 29 21 6.3 +3.6
KRMA Global X Conscious Companies ETF 4.1 43 7 5.7 +3.1
CLOU Global X Cloud Computing ETF 4.1 68 -18 2.0 -0.6
GDIV Harbor Dividend Growth Leaders ETF 4.1 50 0 6.0 +3.4
GSPY Gotham Enhanced 500 ETF 4.1 50 0 5.2 +2.6
XT iShares Exponential Technologies ETF 4.0 46 4 3.8 +1.2
PRAY FIS Christian Stock Fund 4.0 69 -19 5.9 +3.2
CLNR IQ Cleaner Transport ETF 4.0 45 5 8.2 +5.5
OCEN IQ Clean Oceans ETF 4.0 45 5 5.3 +2.6
RFFC ALPS Active Equity Opportunity ETF 4.0 48 2 4.5 +1.8
QLC FlexShares US Quality Large Cap Index Fund 4.0 25 25 5.5 +2.9
BIBL Inspire 100 ETF 4.0 35 15 4.8 +2.2
ACWI iShares MSCI ACWI ETF 4.0 32 18 5.4 +2.8
DFAC Dimensional U.S. Core Equity 2 ETF 3.9 17 33 5.6 +3.0
KRUZ Unusual Whales Subversive Republican Trading ETF 3.9 75 -25 4.9 +2.3
QDEF FlexShares Quality Dividend Defensive Index Fund 3.9 37 13 4.8 +2.2
LRGF iShares U.S. Equity Factor ETF 3.8 8 42 5.8 +3.1
QDF FlexShares Quality Dividend Index Fund 3.8 37 13 5.0 +2.4
JHML John Hancock Multifactor Large Cap ETF 3.8 29 21 5.6 +2.9
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 3.8 79 -29 6.2 +3.5
FBCG Fidelity Blue Chip Growth ETF 3.7 59 -9 2.5 -0.2
SPHQ Invesco S&P 500 Quality ETF 3.7 15 35 5.3 +2.7
ANEW ProShares MSCI Transformational Changes ETF 3.7 45 5 3.3 +0.7
KBWY Invesco KBW Premium Yield Equity REIT ETF 3.7 35 15 20.0 +17.3
ARKQ ARK Autonomous Technology & Robotics ETF 3.7 75 -25 1.6 -1.1
SPMV Invesco S&P 500 Minimum Variance ETF 3.7 10 40 5.6 +3.0
HAIL SPDR S&P Kensho Smart Mobility ETF 3.6 45 5 -2.0 -4.6
JQUA JPMorgan U.S. Quality Factor ETF 3.6 12 38 5.7 +3.1
DTD WisdomTree U.S. Total Dividend Fund 3.6 28 22 6.5 +3.9
QQQN VictoryShares Nasdaq Next 50 ETF 3.6 18 32 4.5 +1.8
DUHP Dimensional US High Profitability ETF 3.6 21 29 7.0 +4.3
FDRR Fidelity Dividend ETF for Rising Rates 3.6 15 35 7.9 +5.2
RAFE PIMCO RAFI ESG U.S. ETF 3.6 29 21 7.2 +4.5
SATO Invesco Alerian Galaxy Crypto Economy ETF 3.5 61 -11 -12.9 -15.6
PEXL Pacer US Export Leaders ETF 3.5 60 -10 5.1 +2.4
QUAL iShares MSCI USA Quality Factor ETF 3.5 15 35 5.4 +2.8
VT Vanguard Total World Stock ETF 3.5 7 43 5.8 +3.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 3.4 75 -25 3.1 +0.5
IVRS iShares Future Metaverse Tech and Communications ETF 3.4 47 3 -5.2 -7.9
TMFM Motley Fool Mid-Cap Growth ETF 3.4 85 -35 3.3 +0.7
DVND Touchstone Dividend Select ETF 3.4 67 -17 6.4 +3.7
GURU Global X Guru Index ETF 3.3 75 -25 2.5 -0.2
AVUS Avantis U.S. Equity ETF 3.3 15 35 6.0 +3.4
IWX iShares Russell Top 200 Value ETF 3.3 20 30 6.5 +3.9
IQSU IQ Candriam U.S. Large Cap Equity ETF 3.3 9 41 5.0 +2.3
AFLG First Trust Active Factor Large Cap ETF 3.3 55 -5 6.1 +3.5
PWB Invesco Large Cap Growth ETF 3.3 56 -6 3.1 +0.4
USMC Principal U.S. Mega-Cap ETF 3.3 12 38 4.9 +2.3
SYNB Putnam BioRevolution ETF 3.3 70 -20 2.9 +0.2
VIRS Pacer BioThreat Strategy ETF 3.3 70 -20 5.9 +3.3
RUFF Alpha Dog ETF 3.3 94 -44 4.8 +2.1
BTHM BlackRock Future U.S. Themes ETF 3.3 60 -10 4.2 +1.6
VICE AdvisorShares Vice ETF 3.3 99 -49 7.5 +4.9
JHDV John Hancock U.S. High Dividend ETF 3.3 34 16 6.5 +3.8
SAMT Strategas Macro Thematic Opportunities ETF 3.3 65 -15 4.7 +2.0
CAML Congress Large Cap Growth ETF 3.3 66 -16 3.4 +0.8
VNSE Natixis Vaughan Nelson Select ETF 3.3 80 -30 3.2 +0.6
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 3.3 15 35 5.4 +2.7
AIEQ AI Powered Equity ETF 3.3 75 -25 6.1 +3.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.3 52 -2 6.3 +3.6
GFGF Guru Favorite Stocks ETF Guru Favorite Stocks Fund 3.3 65 -15 3.7 +1.1
FLRG Fidelity U.S. Multifactor ETF 3.3 15 35 7.7 +5.0
MOTO SmartETFs Smart Transportation & Technology ETF 3.3 68 -18 6.5 +3.9
YALL God Bless America ETF 3.3 65 -15 3.6 +1.0
FCPI Fidelity Stocks for Inflation ETF 3.3 15 35 8.6 +5.9
OND ProShares On-Demand ETF 3.3 58 -8 -2.4 -5.1
GGRW Gabelli Growth Innovators ETF 3.3 90 -40 2.2 -0.4
MINV Matthews Asia Innovators Active ETF 3.3 79 -29 2.8 +0.2
BOTZ Global X Robotics & Artificial Intelligence ETF 3.3 69 -19 2.3 -0.4
TMFE Motley Fool Capital Efficiency 100 Index ETF 3.3 50 0 4.7 +2.0
FDG American Century Focused Dynamic Growth ETF 3.3 45 5 2.6 -0.0
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 3.3 32 18 5.2 +2.5
DBLV AdvisorShares DoubleLine Value Equity ETF 3.3 90 -40 7.5 +4.8
EQWL Invesco S&P 100 Equal Weight ETF 3.2 25 25 6.7 +4.1
QUS SPDR MSCI USA StrategicFactors ETF 3.2 15 35 6.0 +3.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.2 9 41 5.7 +3.0
YLDE ClearBridge Dividend Strategy ESG ETF 3.2 60 -10 5.4 +2.8
ROBO ROBO Global Robotics & Automation Index ETF 3.2 95 -45 2.8 +0.2
EPS WisdomTree U.S. LargeCap Fund 3.2 8 42 6.2 +3.6
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 3.2 20 30 5.4 +2.7
DGRW WisdomTree US Quality Dividend Growth Fund 3.2 28 22 6.2 +3.5
VOOV Vanguard S&P 500 Value ETF 3.1 10 40 5.6 +2.9
CGGO Capital Group Global Growth Equity ETF 3.1 47 3 4.2 +1.6
NULV Nuveen ESG Large-Cap Value ETF 3.1 26 24 7.2 +4.5
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 3.1 49 1 4.7 +2.1
BKCH Global X Blockchain ETF 3.1 50 0 -5.1 -7.7
ULVM VictoryShares US Value Momentum ETF 3.1 20 30 7.4 +4.8
AESR Anfield U.S. Equity Sector Rotation ETF 3.1 108 -58 4.3 +1.6
IWO iShares Russell 2000 Growth ETF 3.0 24 26 1.4 -1.2
QWLD SPDR MSCI World StrategicFactors ETF 2.9 30 20 6.0 +3.4
VSLU Applied Finance Valuation Large Cap ETF 2.9 49 1 6.0 +3.3
KOCG FIS Knights of Columbus Global Belief ETF 2.9 75 -25 5.2 +2.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 2.9 15 35 4.7 +2.1
EVUS iShares ESG Aware MSCI USA Value ETF 2.8 18 32 6.7 +4.0
ABEQ Absolute Select Value ETF 2.8 85 -35 4.7 +2.0
FFTY Innovator IBD 50 ETF 2.8 80 -30 0.1 -2.6
VTWG Vanguard Russell 2000 Growth ETF 2.8 15 35 1.7 -0.9
VUSE Vident U.S. Equity Strategy ETF 2.7 50 0 3.6 +0.9
ESGG FlexShares STOXX Global ESG Select Index Fund 2.7 42 8 5.1 +2.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.7 65 -15 1.6 -1.1
GLOF iShares Global Equity Factor ETF 2.7 20 30 7.0 +4.4
IUS Invesco RAFI Strategic US ETF 2.6 19 31 7.2 +4.6
JOET Virtus Terranova US Quality Momentum ETF 2.6 29 21 5.2 +2.5
CGGR Capital Group Growth ETF 2.6 39 11 3.4 +0.8
VLU SPDR S&P 1500 Value Tilt ETF 2.6 12 38 7.1 +4.5
WOMN Impact Shares YWCA Women's Empowerment ETF 2.6 75 -25 4.9 +2.2
CVAR Cultivar ETF 2.5 87 -37 6.9 +4.3
CBSE Clough Select Equity ETF 2.5 85 -35 -2.3 -4.9
ROE Astoria US Quality Kings ETF 2.5 49 1 8.1 +5.4
RIET Hoya Capital High Dividend Yield ETF 2.5 50 0 14.4 +11.8
SMCP AlphaMark Actively Managed Small Cap ETF 2.5 90 -40 6.8 +4.1
TDIV First Trust NASDAQ Technology Dividend Index Fund 2.5 50 0 5.8 +3.1
STCE Schwab Crypto Thematic ETF 2.5 30 20 -7.9 -10.5
VONV Vanguard Russell 1000 Value ETF 2.4 8 42 6.7 +4.1
IWD iShares Russell 1000 Value ETF 2.4 19 31 6.6 +3.9
SPYD SPDR Portfolio S&P 500 High Dividend ETF 2.4 7 43 9.4 +6.8
DFUV Dimensional US Marketwide Value ETF 2.4 22 28 7.6 +5.0
IMCG iShares Morningstar Mid-Cap Growth ETF 2.4 6 44 4.2 +1.6
SDG iShares MSCI Global Sustainable Development Goals ETF 2.4 49 1 5.7 +3.1
MDLV Morgan Dempsey Large Cap Value ETF 2.4 58 -8 8.6 +6.0
ICAP InfraCap Equity Income Fund ETF 2.4 171 -121 6.9 +4.2
HLAL Wahed FTSE USA Shariah ETF 2.4 50 0 4.9 +2.3
FNDX Schwab Fundamental US Large Co. Index ETF 2.4 25 25 7.1 +4.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 2.4 9 41 6.0 +3.3
FTC First Trust Large Cap Growth AlphaDEX Fund 2.3 59 -9 2.8 +0.1
ILCV iShares Morningstar Value ETF 2.3 4 46 6.7 +4.0
ESPO VanEck Video Gaming and eSports ETF 2.3 56 -6 4.4 +1.8
MAKX ProShares S&P Kensho Smart Factories ETF 2.3 58 -8 0.4 -2.2
IVE iShares S&P 500 Value ETF 2.3 18 32 6.6 +4.0
SPYV SPDR Portfolio S&P 500 Value ETF 2.3 4 46 6.7 +4.1
CGUS Capital Group Core Equity ETF 2.3 33 17 4.6 +2.0
BLOK Amplify Transformational Data Sharing ETF 2.3 75 -25 1.1 -1.5
FNDB Schwab Fundamental US Broad Market Index ETF 2.3 25 25 7.1 +4.4
ODDS Pacer BlueStar Digital Entertainment ETF 2.2 60 -10 3.0 +0.3
SCHV Schwab U.S. Large-Cap Value ETF 2.2 4 46 6.7 +4.1
IUSV iShares Core S&P US Value ETF 2.2 4 46 6.8 +4.2
VLUE iShares MSCI USA Value Factor ETF 2.2 15 35 10.7 +8.1
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 2.2 50 0 7.9 +5.3
FCA First Trust China AlphaDEX Fund 2.1 80 -30 17.5 +14.9
DIVL Madison Dividend Value ETF 2.1 65 -15 6.1 +3.5
JEPI JPMorgan Equity Premium Income ETF 2.1 35 15 5.2 +2.6
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 2.1 60 -10 5.0 +2.4
VRAI Virtus Real Asset Income ETF 2.1 55 -5 8.6 +5.9
RSPE Invesco ESG S&P 500 Equal Weight ETF 2.1 20 30 6.4 +3.7
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 2.1 27 23 8.4 +5.8
EEMD AAM S&P Emerging Markets High Dividend Value ETF 2.0 49 1 19.0 +16.3
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 2.0 30 20 9.1 +6.5
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 2.0 75 -25 5.2 +2.5
VOT Vanguard Mid-Cap Growth ETF 2.0 7 43 4.1 +1.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 2.0 19 31 6.5 +3.9
MGV Vanguard Mega Cap Value ETF 2.0 7 43 6.8 +4.2
PRF Invesco FTSE RAFI US 1000 ETF 2.0 39 11 7.3 +4.6
STXV Strive 1000 Value ETF 2.0 18 32 7.8 +5.2
TDV ProShares S&P Technology Dividend Aristocrats ETF 2.0 45 5 6.1 +3.5
DFND Siren DIVCON Dividend Defender ETF 2.0 189 -139 3.9 +1.3
FTGS First Trust Growth Strength ETF 2.0 60 -10 6.4 +3.8
FIXT Procure Disaster Recovery Strategy ETF 1.9 75 -25 5.6 +3.0
ROUS Hartford Multifactor US Equity ETF 1.9 19 31 6.4 +3.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.9 58 -8 4.5 +1.9
RSP Invesco S&P 500 Equal Weight ETF 1.9 20 30 6.2 +3.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.9 15 35 6.4 +3.8
FDIV MarketDesk Focused U.S. Dividend ETF 1.9 35 15 8.8 +6.2
DFLV Dimensional US Large Cap Value ETF 1.9 22 28 7.8 +5.2
VFQY Vanguard U.S. Quality Factor ETF 1.9 13 37 7.2 +4.6
IMCB iShares Morningstar Mid-Cap ETF 1.9 4 46 6.1 +3.5
SIZE iShares MSCI USA Size Factor ETF 1.8 15 35 6.0 +3.3
VTV Vanguard Value ETF 1.8 4 46 7.0 +4.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.8 95 -45 1.7 -1.0
JAVA JPMorgan Active Value ETF 1.8 44 6 6.3 +3.7
CGDV Capital Group Dividend Value ETF 1.8 33 17 5.7 +3.1
ARKW ARK Next Generation Internet ETF 1.8 87 -37 -2.9 -5.5
PWV Invesco Large Cap Value ETF 1.8 55 -5 7.6 +5.0
EUSA iShares MSCI USA Equal Weighted ETF 1.7 9 41 6.1 +3.5
POWA Invesco Bloomberg Pricing Power ETF 1.7 40 10 5.1 +2.4
SSPY Syntax Stratified LargeCap ETF 1.7 30 20 6.5 +3.8
DUSA Davis Select U.S. Equity ETF 1.7 61 -11 7.1 +4.5
EDOW First Trust Dow 30 Equal Weight ETF 1.7 50 0 6.0 +3.3
MBOX Freedom Day Dividend ETF 1.7 39 11 7.7 +5.0
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 1.6 12 38 5.5 +2.9
STXD Strive 1000 Dividend Growth ETF 1.6 35 15 5.5 +2.8
KOMP SPDR S&P Kensho New Economies Composite ETF 1.6 20 30 2.1 -0.6
CGRO CoreValues Alpha Greater China Growth ETF 1.6 75 -25 2.5 -0.1
FVD First Trust Value Line Dividend Index Fund 1.6 65 -15 6.0 +3.4
WCEO Hypatia Women CEO ETF 1.6 85 -35 5.1 +2.5
FBCV Fidelity Blue Chip Value ETF 1.6 59 -9 7.1 +4.4
VO Vanguard Mid-Cap ETF 1.6 4 46 5.8 +3.2
DGT SPDR Global Dow ETF 1.6 50 0 6.6 +4.0
IWM iShares Russell 2000 ETF 1.5 19 31 3.6 +0.9
SFYX SoFi Next 500 ETF 1.5 0 50 5.6 +2.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 1.5 45 5 12.6 +9.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.5 20 30 6.7 +4.0
ITAN Sparkline Intangible Value ETF 1.4 50 0 6.1 +3.5
VTWO Vanguard Russell 2000 ETF 1.4 10 40 3.8 +1.2
LEAD Siren DIVCON Leaders Dividend ETF 1.4 43 7 5.2 +2.5
VBK Vanguard Small-Cap Growth ETF 1.4 7 43 1.4 -1.2
CGV Conductor Global Equity Value ETF 1.4 130 -80 11.3 +8.7
IMCV iShares Morningstar Mid-Cap Value ETF 1.3 6 44 8.0 +5.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.3 64 -14 2.0 -0.6
GDEF Goldman Sachs Defensive Equity ETF 1.3 55 -5 4.4 +1.7
DRUP GraniteShares Nasdaq Select Disruptors ETF 1.3 60 -10 3.8 +1.2
DJD Invesco Dow Jones Industrial Average Dividend ETF 1.3 7 43 8.5 +5.9
REVS Columbia Research Enhanced Value ETF 1.3 19 31 7.7 +5.1
FDLO Fidelity Low Volatility Factor ETF 1.3 15 35 5.5 +2.8
IVOO Vanguard S&P Mid-Cap 400 ETF 1.3 10 40 6.9 +4.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.3 24 26 7.8 +5.1
BLES Inspire Global Hope ETF 1.3 61 -11 6.3 +3.6
JVAL JPMorgan U.S. Value Factor ETF 1.3 12 38 8.3 +5.7
DEW WisdomTree Global High Dividend Fund 1.3 58 -8 9.1 +6.5
QGRO American Century U.S. Quality Growth ETF 1.2 29 21 5.8 +3.1
NUMG Nuveen ESG Mid-Cap Growth ETF 1.2 31 19 3.7 +1.1
TEMP JPMorgan Climate Change Solutions ETF 1.2 49 1 4.6 +1.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.2 18 32 7.6 +5.0
SMDY Syntax Stratified MidCap ETF 1.2 35 15 6.3 +3.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.2 7 43 5.7 +3.1
MOAT VanEck Morningstar Wide Moat ETF 1.2 46 4 6.2 +3.6
FEX First Trust Large Cap Core AlphaDEX Fund 1.2 59 -9 5.6 +2.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.2 25 25 6.0 +3.4
PSC Principal U.S. Small-Cap ETF 1.2 38 12 6.5 +3.9
VOE Vanguard Mid-Cap Value ETF 1.2 7 43 7.4 +4.8
FUNL CornerCap Fundametrics Large-Cap ETF 1.1 50 0 6.9 +4.3
NTZG Nuveen Global Net Zero Transition ETF 1.1 56 -6 4.9 +2.2
VFMF Vanguard U.S. Multifactor ETF 1.1 18 32 8.6 +6.0
ROAM Hartford Multifactor Emerging Markets ETF 1.1 44 6 11.6 +9.0
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 1.1 15 35 10.1 +7.4
IWP iShares Russell Mid-Cap Growth ETF 1.1 23 27 3.8 +1.2
DFNV Donoghue Forlines Innovation ETF 1.1 69 -19 5.0 +2.3
DIVB iShares Core Dividend ETF 1.0 5 45 8.0 +5.4
RWL Invesco S&P 500 Revenue ETF 1.0 39 11 6.6 +4.0
DSTX Distillate International Fundamental Stability & Value ETF 1.0 55 -5 7.9 +5.3
ARKF ARK Fintech Innovation ETF 1.0 75 -25 -2.2 -4.8
DTEC ALPS Disruptive Technologies ETF 1.0 50 0 3.2 +0.6
VYM Vanguard High Dividend Yield Index ETF 1.0 6 44 7.4 +4.7
IWR iShares Russell Midcap ETF 1.0 19 31 5.7 +3.0
SPXT ProShares S&P 500 Ex-Technology ETF 1.0 9 41 5.6 +3.0
IDX VanEck Indonesia Index ETF 1.0 57 -7 8.0 +5.4
MOTG VanEck Morningstar Global Wide Moat ETF 1.0 52 -2 5.7 +3.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.0 29 21 7.3 +4.7
IWS iShares Russell Mid-Cap Value ETF 1.0 23 27 6.6 +4.0
EQAL Invesco Russell 1000 Equal Weight ETF 1.0 20 30 6.0 +3.3
RDIV Invesco S&P Ultra Dividend Revenue ETF 1.0 39 11 10.6 +8.0
PDP Invesco Dorsey Wright Momentum ETF 0.9 62 -12 3.6 +1.0
RNEM First Trust Emerging Markets Equity Select ETF 0.9 75 -25 8.2 +5.6
SPGP Invesco S&P 500 GARP ETF 0.9 34 16 8.5 +5.8
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.9 80 -30 9.8 +7.2
BITQ Bitwise Crypto Industry Innovators ETF 0.9 85 -35 -4.6 -7.3
DAPP VanEck Digital Transformation ETF 0.9 50 0 -8.3 -11.0
GFOF Grayscale Future of Finance ETF 0.9 70 -20 -3.9 -6.5
FNDA Schwab Fundamental US Small Co. Index ETF 0.9 25 25 6.8 +4.2
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 0.9 85 -35 -0.9 -3.5
BOUT Innovator IBD Breakout Opportunities ETF 0.9 81 -31 2.8 +0.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.9 58 -8 5.4 +2.7
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.9 52 -2 5.4 +2.8
SQEW LeaderShares Equity Skew ETF 0.9 81 -31 6.0 +3.4
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.9 15 35 7.0 +4.4
FYC First Trust Small Cap Growth AlphaDEX Fund 0.9 71 -21 0.9 -1.8
ISMD Inspire Small/Mid Cap ETF 0.9 54 -4 6.0 +3.4
FEM First Trust Emerging Markets AlphaDEX Fund 0.8 80 -30 16.1 +13.4
DSTL Distillate US Fundamental Stability & Value ETF 0.8 39 11 7.8 +5.2
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.8 18 32 6.4 +3.7
SDIV Global X Superdividend ETF 0.8 58 -8 17.3 +14.7
KLDW Knowledge Leaders Developed World ETF 0.8 75 -25 4.9 +2.2
RODE Hartford Multifactor Diversified International ETF 0.8 29 21 11.5 +8.8
PY Principal Value ETF 0.8 15 35 7.5 +4.9
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 0.8 49 1 10.5 +7.9
ZECP Zacks Earnings Consistent Portfolio ETF 0.8 55 -5 5.0 +2.3
DEUS Xtrackers Russell US Multifactor ETF 0.8 17 33 7.1 +4.4
EIDO iShares MSCI Indonesia ETF 0.8 59 -9 7.8 +5.2
ESGS Columbia U.S. ESG Equity Income ETF 0.7 35 15 6.3 +3.6
ONEO SPDR Russell 1000 Momentum Focus ETF 0.7 20 30 7.1 +4.5
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.7 54 -4 6.2 +3.6
TPHD Timothy Plan High Dividend Stock ETF 0.7 52 -2 6.3 +3.6
BFOR ALPS Barron's 400 ETF 0.7 65 -15 6.5 +3.9
AFSM First Trust Active Factor Small Cap ETF 0.7 75 -25 7.6 +4.9
SDY SPDR S&P Dividend ETF 0.7 35 15 6.3 +3.6
DHS WisdomTree U.S. High Dividend Fund 0.7 38 12 8.8 +6.2
BCDF Horizon Kinetics Blockchain Development ETF 0.7 85 -35 -0.7 -3.4
VB Vanguard Small-Cap ETF 0.7 5 45 5.4 +2.7
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 1 6.3 +3.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.6 25 25 7.0 +4.4
ETHO Etho Climate Leadership U.S. ETF 0.6 47 3 4.0 +1.4
PFM Invesco Dividend Achievers ETF 0.6 53 -3 5.7 +3.1
DIA SPDR Dow Jones Industrial Average ETF Trust 0.6 16 34 5.8 +3.2
QQQS Invesco NASDAQ Future Gen 200 ETF 0.6 20 30 -7.7 -10.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 15 35 7.6 +5.0
AVES Avantis Emerging Markets Value ETF 0.6 36 14 11.9 +9.3
JHMM John Hancock Multifactor Mid Cap ETF 0.5 42 8 6.6 +4.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.5 41 9 7.2 +4.6
FDEM Fidelity Emerging Markets Multifactor ETF 0.5 25 25 11.8 +9.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.5 65 -15 3.8 +1.2
VXF Vanguard Extended Market ETF 0.5 6 44 3.9 +1.3
EWT iShares MSCI Taiwan ETF 0.5 58 -8 5.7 +3.0
DURA VanEck Durable High Dividend ETF 0.5 29 21 7.3 +4.7
TTAC FCF US Quality ETF 0.5 59 -9 6.5 +3.9
PGJ Invesco Golden Dragon China ETF 0.5 70 -20 4.8 +2.2
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.5 40 10 5.9 +3.3
CFA VictoryShares US 500 Volatility Wtd ETF 0.5 35 15 6.0 +3.3
PSCF Invesco S&P SmallCap Financials ETF 0.4 29 21 10.2 +7.6
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 -11 7.1 +4.5
RWX SPDR Dow Jones International Real Estate ETF 0.4 59 -9 7.1 +4.5
FLAU Franklin FTSE Australia ETF 0.4 9 41 5.8 +3.2
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.4 45 5 4.8 +2.1
DFEV Dimensional Emerging Markets Value ETF 0.3 43 7 10.8 +8.2
WTV WisdomTree US Value Fund of Benef Interest 0.3 12 38 8.7 +6.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.3 39 11 8.9 +6.2
FLTW Franklin FTSE Taiwan ETF 0.3 19 31 5.9 +3.3
VIG Vanguard Dividend Appreciation ETF 0.3 6 44 5.8 +3.2
FLCH Franklin FTSE China ETF 0.3 19 31 9.4 +6.8
AVEM Avantis Emerging Markets Equity ETF 0.3 33 17 9.0 +6.4
TPSC Timothy Plan US Small Cap Core ETF 0.3 52 -2 7.6 +5.0
MCHI iShares MSCI China ETF 0.3 59 -9 8.7 +6.1
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.3 42 8 7.5 +4.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.3 58 -8 10.0 +7.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.3 35 15 7.6 +4.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.3 30 20 8.5 +5.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 10 0.0 -2.6
IFGL iShares International Developed Real Estate ETF 0.3 48 2 6.9 +4.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 26 8.0 +5.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -15 7.6 +5.0
WPS iShares International Developed Property ETF 0.2 48 2 7.2 +4.5
FLDZ RiverNorth Patriot ETF 0.2 75 -25 5.8 +3.2
GXC SPDR S&P China ETF 0.2 59 -9 8.8 +6.2
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.2 15 35 7.5 +4.9
ECON Columbia Emerging Markets Consumer ETF 0.2 49 1 4.7 +2.1
DGRO iShares Core Dividend Growth ETF 0.2 8 42 6.5 +3.9
JHEM John Hancock Multifactor Emerging Markets ETF 0.2 49 1 8.3 +5.6
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.2 10 40 8.1 +5.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.2 39 11 12.4 +9.7
RFDI First Trust Riverfront Dynamic Developed International ETF 0.2 83 -33 8.9 +6.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 12 8.1 +5.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 5 8.5 +5.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 9 7.7 +5.1
ESIX SPDR S&P SmallCap 600 ESG ETF 0.2 12 38 7.7 +5.1
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.2 12 38 8.6 +6.0
RNSC Furst Trust Small Cap US Equity Select ETF 0.2 60 -10 8.4 +5.7
PXH Invesco FTSE RAFI Emerging Markets ETF 0.2 49 1 12.3 +9.6
CN Xtrackers MSCI All China Equity ETF 0.2 50 0 8.7 +6.0
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 15 7.6 +5.0
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 1 6.3 +3.7
STXK Strive Small-Cap ETF 0.2 18 32 5.5 +2.8
NUSC Nuveen ESG Small-Cap ETF 0.2 31 19 5.1 +2.5
FLAX Franklin FTSE Asia Ex Japan ETF 0.2 19 31 7.1 +4.5
HKND Humankind US Stock ETF 0.2 11 39 6.9 +4.3
VFVA Vanguard U.S. Value Factor ETF 0.2 13 37 10.6 +7.9
ECNS iShares MSCI China Small-Cap ETF 0.2 59 -9 13.7 +11.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -20 6.2 +3.6
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 30 6.7 +4.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 1 6.6 +3.9
SCHE Schwab Emerging Markets Equity ETF 0.1 11 39 7.5 +4.8
FTA First Trust Large Cap Value AlphaDEX Fund 0.1 59 -9 8.2 +5.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 18 6.2 +3.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 14 7.4 +4.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 39 7.7 +5.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -16 7.1 +4.5
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 42 7.5 +4.9
XJR iShares ESG Screened S&P Small-Cap ETF 0.1 12 38 7.7 +5.1
BKF iShares MSCI BIC ETF 0.1 69 -19 7.0 +4.3
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.1 15 35 8.6 +6.0
EEM iShares MSCI Emerging Markets ETF 0.1 69 -19 6.9 +4.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.1 20 30 10.7 +8.0
VIOO Vanguard S&P Small-Cap 600 ETF 0.1 10 40 7.7 +5.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 33 5.4 +2.8
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 18 6.1 +3.5
IJT iShares S&P Small-Cap 600 Growth ETF 0.1 18 32 7.0 +4.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 1 6.6 +4.0
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 43 7.4 +4.8
SLYG SPDR S&P 600 Small Cap Growth ETF 0.1 15 35 7.0 +4.4
IJR iShares Core S&P Small Cap ETF 0.1 6 44 8.1 +5.5
SCHA Schwab U.S. Small-Cap ETF 0.1 4 46 4.9 +2.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.1 3 47 8.2 +5.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.1 15 35 6.9 +4.3
IJS iShares S&P Small-Cap 600 Value ETF 0.1 18 32 9.3 +6.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 41 3.9 +1.3
SLYV SPDR S&P 600 Small Cap Value ETF 0.1 15 35 9.3 +6.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 35 7.0 +4.4
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 41 7.5 +4.8
IPAC iShares Core MSCI Pacific ETF 0.1 9 41 6.6 +4.0
VTWV Vanguard Russell 2000 Value ETF 0.1 15 35 5.8 +3.1
IWN iShares Russell 2000 Value ETF 0.1 24 26 5.6 +2.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.1 80 -30 10.7 +8.0
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.1 44 6 10.2 +7.6
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 25 6.9 +4.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 20 7.7 +5.1
VPL Vanguard FTSE Pacific ETF 0.1 8 42 6.9 +4.3
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -9 9.5 +6.8
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 25 7.6 +4.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 0 10.4 +7.8
VSGX Vanguard ESG International Stock ETF 0.1 12 38 6.8 +4.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 26 8.5 +5.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 20 7.4 +4.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 11 9.4 +6.7
SSLY Syntax Stratified SmallCap ETF 0.1 40 10 7.4 +4.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -17 9.2 +6.6
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 25 6.6 +4.0
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 44 8.1 +5.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 42 7.1 +4.5
VXUS Vanguard Total International Stock ETF 0.1 7 43 7.1 +4.4
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 43 6.9 +4.2
IWC iShares Micro-Cap ETF 0.1 60 -10 -4.3 -6.9
FRDM Freedom 100 Emerging Markets ETF 0.1 49 1 7.2 +4.6
VYMI Vanguard International High Dividend Yield ETF 0.1 22 28 9.6 +7.0
GWX SPDR S&P International Small Cap ETF 0.1 40 10 6.5 +3.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 16 10.6 +7.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 35 5.8 +3.1
VBR Vanguard Small Cap Value ETF 0.0 7 43 8.2 +5.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 9 6.6 +4.0
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 2.7 +0.1
ISCB iShares Morningstar Small-Cap ETF 0.0 4 46 5.3 +2.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 16 6.6 +4.0
EMGF iShares Emerging Markets Equity Factor ETF 0.0 25 25 8.6 +5.9
SCHF Schwab International Equity ETF 0.0 6 44 7.0 +4.3
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -39 4.8 +2.1
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 30 7.4 +4.8
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 46 6.7 +4.0
LDEM iShares ESG MSCI EM Leaders ETF 0.0 17 33 7.7 +5.1
EMXF iShares ESG Advanced MSCI EM ETF 0.0 16 34 7.4 +4.7
VEA Vanguard FTSE Developed Markets ETF 0.0 5 45 7.0 +4.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 11 7.3 +4.6
VFMV Vanguard U.S. Minimum Volatility ETF 0.0 13 37 5.4 +2.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 6.9 +4.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.0 86 -36 1.9 -0.7
DFAI Dimensional International Core Equity Market ETF 0.0 18 32 6.8 +4.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 11 7.6 +4.9
GVLU Gotham 1000 Value ETF 0.0 50 0 7.4 +4.8
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 26 6.2 +3.5
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 20 6.8 +4.1
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 0 4.9 +2.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -20 7.2 +4.5
DFIC Dimensional International Core Equity 2 ETF 0.0 23 27 7.4 +4.7
AVDE Avantis International Equity ETF 0.0 23 27 7.8 +5.2
TGRW T. Rowe Price Growth Stock ETF 0.0 52 -2 4.1 +1.5
TCHP T. Rowe Price Blue Chip Growth ETF 0.0 57 -7 3.5 +0.9
BKIE BNY Mellon International Equity ETF 0.0 4 46 6.8 +4.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 30 6.6 +4.0
ISCG iShares Morningstar Small-Cap Growth ETF 0.0 6 44 2.4 -0.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 43 6.5 +3.8

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

  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

Content on this tab for subscribers only

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:		 Global X Data Center & Digital Infrastructure ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.9 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 2.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.48 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.