AdvisorShares Dorsey Wright Micro-Cap ETF
ALTAR
Score™
6.2% info Recommen-
dation
UNDERWEIGHT
2022E    2023E
P/E
ratio
6.7x P/Sales
ratio
0.6x
P/BV
ratio
1.3x Div.
yield
3.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The AdvisorShares Dorsey Wright Micro-Cap ETF is an actively managed portfolio of US-listed micro-cap stocks. The fund follows a rules-based momentum strategy and seeks long-term capital appreciation.

FUND BASICS
Category US Equities
Fund Sponsor AdvisorShares
Website www.advisorshares.com
Inception date Jul 10, 2018
Assets (mns) $7
Currency USD
Expense ratio 127 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 169
Wgt avg mkt cap (mns) $748
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 8.3%
Small cap (<$2bn) 89.7%
Developed mkts 99.6%
Emerging mkts 0.4%

TOP TEN HOLDINGS
ALPHA METALLURGICAL RESOURCES, INC 3.4 %
STEEL PARTNERS HOLDINGS L.P. 1.7 %
VERITIV CORP 1.7 %
DANAOS CORP 1.6 %
SAN JUAN BASIN ROYALTY TR 1.4 %
HUDSON TECHNOLOGIES INC 1.4 %
PERMIAN BASIN ROYALTY TRUST 1.4 %
DONNELLEY FINANCIAL SOLUTIONS, INC 1.1 %
RICHARDSON ELEC LTD 0.9 %
GOLDEN ENTERTAINMENT, INC. 0.9 %
Total 15.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 91.3 %
GREECE 1.4 %
BERMUDA 0.8 %
SINGAPORE 0.5 %
ISRAEL 0.5 %
CAYMAN ISLANDS 0.5 %
MONACO 0.5 %
BRITAIN 0.4 %
GERMANY 0.4 %


HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-18.2% -14.1% -- -- 7.5%

Market Correlations
versus... Beta R-squared
S&P500 1.20 63%
MSCI EAFE 1.30 71%
MSCI Emg. Mkts. 1.19 62%

Technical Indicators
Recent close $28.60
30d moving avg. $31.12
Annualized volatility 29.1%
Short interest (ETF) 0.2%
Short interest (Underlying) 4.0%
Relative strength (RSI) 19

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.4%
Bid/Ask (% of price) 0.79%
ADV underlying (mns) $551

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 296 potential alternatives to the AdvisorShares Dorsey Wright Micro-Cap ETF ETF based on the alternatives' overlap in portfolio holdings with DWMC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DWMC Expense: 127 bp ALTAR Score™: 6.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DWMC
Ticker Fund
Name
Overlap1
vs DWMC
(%)
Expense
ratio
(bp)
Savings
vs DWMC
(bp)
ALTAR
Score™
(%)
ALTAR
vs DWMC
(%)
FDM First Trust Dow Jones Select Microcap Index Fund 17.7 60 67 9.3 +3.1
DWAS Invesco DWA SmallCap Momentum ETF 17.5 60 67 5.6 -0.6
IWC iShares Micro-Cap ETF 11.8 60 67 -6.2 -12.3
SQLV Legg Mason Small-Cap Quality Value 11.2 61 66 12.3 +6.1
SVAL iShares US Small Cap Value Factor ETF 9.7 20 107 12.2 +6.0
XSVM Invesco S&P SmallCap Value with Momentum ETF 9.6 39 88 14.3 +8.1
ROSC Hartford Multifactor Small Cap ETF 9.5 34 93 12.3 +6.1
DEEP Roundhill Acquirers Deep Value ETF 8.1 80 47 19.6 +13.4
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 6.6 25 102 9.3 +3.1
QABA First Trust NASDAQ ABA Community Bank Index Fund 6.1 60 67 9.4 +3.2
EES WisdomTree SmallCap Earnings Fund 6.0 38 89 11.9 +5.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.7 35 92 11.0 +4.8
XSMO Invesco S&P SmallCap Momentum ETF 5.7 39 88 10.7 +4.5
VAMO Cambria Value & Momentum ETF 5.4 64 63 11.3 +5.1
AVSC Avantis U.S Small Cap Equity ETF 5.3 25 102 5.9 -0.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 4.9 20 107 8.1 +1.9
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 4.9 19 108 9.3 +3.1
AVUV Avantis U.S. Small Cap Value ETF 4.9 25 102 11.4 +5.2
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 4.6 40 87 8.4 +2.2
SSLY Syntax Stratified SmallCap ETF 4.3 40 87 8.1 +1.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 4.3 39 88 5.5 -0.7
AFSM First Trust Active Factor Small Cap ETF 4.2 77 50 9.8 +3.6
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 4.1 30 97 10.8 +4.6
XME SPDR S&P Metals & Mining ETF 4.1 35 92 9.3 +3.1
MCRX SNN MicroCap Research Index 4.1 0 127 -1.2 -7.4
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 4.0 35 92 9.7 +3.5
TPSC Timothy Plan US Small Cap Core ETF 3.8 52 75 9.5 +3.3
BFOR Barron's 400 ETF 3.8 70 57 10.4 +4.2
DES WisdomTree U.S. SmallCap Dividend Fund 3.8 38 89 10.6 +4.4
CSML IQ Chaikin U.S. Small Cap ETF 3.7 35 92 6.8 +0.6
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 3.7 12 115 7.7 +1.5
CALF Pacer US Small Cap Cash Cows 100 ETF 3.6 59 68 14.3 +8.2
PXI Invesco DWA Energy Momentum ETF 3.5 60 67 8.6 +2.4
XSHQ Invesco S&P SmallCap Quality ETF 3.5 29 98 11.1 +4.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 3.5 39 88 10.9 +4.7
VFMF Vanguard U.S. Multifactor ETF 3.4 18 109 10.9 +4.7
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 3.4 38 89 11.4 +5.2
VFLQ Vanguard U.S. Liquidity Factor ETF 3.4 13 114 4.2 -2.0
AIRR First Trust RBA American Industrial Renaissance ETF 3.3 70 57 7.1 +0.9
VFMO Vanguard U.S. Momentum Factor ETF 3.3 13 114 6.7 +0.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.2 35 92 10.5 +4.3
IFRA iShares U.S. Infrastructure ETF 3.2 30 97 7.3 +1.1
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 3.2 29 98 15.9 +9.7
IWN iShares Russell 2000 Value ETF 3.2 24 103 6.9 +0.7
VTWV Vanguard Russell 2000 Value Index Fund 3.1 15 112 7.0 +0.8
VFQY Vanguard U.S. Quality Factor ETF 3.1 13 114 9.4 +3.2
DFAT Dimensional U.S. Targeted Value ETF 3.0 29 98 9.9 +3.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.9 39 88 8.3 +2.2
PSCM Invesco S&P SmallCap Materials ETF 2.8 29 98 7.4 +1.2
FSMD Fidelity Small-Mid Factor ETF 2.7 29 98 9.8 +3.7
PSCI Invesco S&P SmallCap Industrials ETF 2.7 29 98 9.4 +3.2
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 2.7 35 92 9.3 +3.1
PSC Principal U.S. Small Cap Index ETF 2.6 38 89 8.5 +2.3
SYLD Cambria Shareholder Yield ETF 2.6 59 68 13.8 +7.6
BOAT SonicShares Global Shipping ETF 2.5 69 58 22.9 +16.7
DFAS Dimensional U.S. Small Cap ETF 2.5 28 99 7.9 +1.7
PRN Invesco DWA Industrials Momentum ETF 2.5 60 67 6.4 +0.2
SMLE Xtrackers S&P SmallCap 600 ESG ETF 2.4 15 112 9.1 +2.9
IJS iShares S&P Small-cap 600 Value ETF 2.4 18 109 9.0 +2.8
SLYV SPDR S&P 600 Small Cap Value ETF 2.4 15 112 9.0 +2.8
DFSV Dimensional US Small Cap Value ETF 2.4 31 96 10.0 +3.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.4 15 112 9.1 +2.9
IWM iShares Russell 2000 ETF 2.4 19 108 4.6 -1.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 2.3 15 112 9.4 +3.2
VTWO Vanguard Russell 2000 Index Fund 2.3 10 117 4.7 -1.5
ESIX SPDR S&P SmallCap 600 ESG ETF 2.3 12 115 9.2 +3.0
JSML Janus Henderson Small Cap Growth Alpha ETF 2.3 30 97 11.6 +5.4
XJR iShares ESG Screened S&P Small-Cap ETF 2.3 12 115 8.5 +2.4
DIV Global X SuperDividend US ETF 2.2 45 82 7.6 +1.4
IJR iShares Core S&P Small Cap ETF 2.1 6 121 8.8 +2.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 2.1 5 122 8.8 +2.6
SLY SPDR S&P 600 Small Cap ETF 2.1 15 112 8.7 +2.5
VIOO Vanguard S&P Small-Cap 600 ETF 2.1 10 117 8.7 +2.5
XRT SPDR S&P Retail ETF 2.1 35 92 7.5 +1.3
OSCV Opus Small Cap Value Plus ETF 2.0 79 48 6.8 +0.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.0 29 98 8.5 +2.3
VFVA Vanguard U.S. Value Factor ETF 2.0 13 114 14.3 +8.1
ALFA AlphaClone Alternative Alpha ETF 2.0 65 62 4.6 -1.6
ROOF IQ US Real Estate Small Cap ETF 2.0 70 57 10.8 +4.6
PAVE Global X U.S. Infrastructure Development ETF 1.9 47 80 8.5 +2.3
RYLD Global X Russell 2000 Covered Call ETF 1.9 60 67 4.3 -1.9
RYJ Invesco Raymond James SB-1 Equity ETF 1.9 75 52 3.6 -2.6
MGMT Ballast Small/Mid Cap ETF 1.9 110 17 10.5 +4.3
SIXS 6 Meridian Small Cap Equity ETF 1.8 88 39 11.7 +5.5
ISCV iShares Morningstar Small Cap Value ETF 1.8 6 121 9.7 +3.5
IUSS Invesco Strategic US Small Company ETF 1.8 23 104 8.0 +1.8
KCE SPDR S&P Capital Markets ETF 1.8 35 92 11.7 +5.5
IJT iShares S&P Small-Cap 600 Growth ETF 1.8 18 109 8.7 +2.5
AIEQ AI Powered Equity ETF 1.8 75 52 3.7 -2.5
SLYG SPDR S&P 600 Small Cap Growth ETF 1.8 15 112 8.7 +2.5
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 1.8 60 67 8.1 +1.9
SIXL 6 Meridian Low Beta Equity Strategy ETF 1.8 82 45 6.9 +0.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.7 16 111 8.6 +2.5
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.7 25 102 7.4 +1.2
IWO iShares Russell 2000 Growth ETF 1.6 24 103 2.2 -4.0
PSCF Invesco S&P SmallCap Financials ETF 1.6 29 98 11.3 +5.1
AADR AdvisorShares Dorsey Wright ADR ETF 1.6 110 17 9.9 +3.7
VTWG Vanguard Russell 2000 Growth Index Fund 1.5 15 112 2.4 -3.8
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 1.5 35 92 10.0 +3.8
ISMD Inspire Small/Mid Cap Impact ETF 1.5 48 79 7.6 +1.4
AMER Emles Made in America ETF 1.5 49 78 10.4 +4.2
SDIV Global X SuperDividend ETF 1.4 59 68 28.6 +22.4
BEDZ AdvisorShares Hotel ETF 1.4 99 28 1.8 -4.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.4 85 42 5.8 -0.4
NUSC Nuveen ESG Small-Cap ETF 1.3 30 97 6.4 +0.2
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.3 30 97 11.7 +5.5
KRE SPDR S&P Regional Banking ETF 1.3 35 92 10.0 +3.8
ISCB iShares Morningstar Small-Cap ETF 1.3 4 123 5.8 -0.4
RIET Hoya Capital High Dividend Yield ETF 1.3 50 77 11.7 +5.5
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.2 17 110 6.4 +0.2
CBSE Changebridge Capital Sustainable Equity ETF 1.2 85 42 0.0 -6.2
IGN iShares North American Tech-Multimedia Networking ETF 1.1 43 84 6.9 +0.7
VUSE Vident Core US Equity Fund 1.1 50 77 12.0 +5.8
PSCH Invesco S&P SmallCap Health Care ETF 1.1 29 98 3.6 -2.6
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 1.1 36 91 8.6 +2.4
SNSR Global X Internet of Things Thematic ETF 1.0 68 59 5.9 -0.3
BLDG Cambria Global Real Estate ETF 1.0 59 68 8.8 +2.6
FDHT Fidelity Digital Health ETF 1.0 39 88 0.3 -5.9
VXF Vanguard Extended Market Index Fund 1.0 6 121 4.6 -1.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.9 24 103 9.1 +2.9
KOMP SPDR Kensho New Economies Composite ETF 0.9 20 107 1.0 -5.2
PSCE Invesco S&P SmallCap Energy ETF 0.9 29 98 3.1 -3.1
HAIL SPDR S&P Kensho Smart Mobility ETF 0.9 45 82 -1.2 -7.4
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.9 6 121 6.3 +0.1
BAD B.A.D. ETF 0.9 75 52 3.6 -2.6
PEJ Invesco Dynamic Leisure & Entertainment ETF 0.9 55 72 3.5 -2.7
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.9 20 107 6.4 +0.2
ETHO Etho Climate Leadership U.S. ETF 0.8 47 80 5.4 -0.8
XES SPDR S&P Oil & Gas Equipment & Services ETF 0.8 35 92 -3.3 -9.5
VFMV Vanguard U.S. Minimum Volatility ETF 0.8 13 114 7.0 +0.8
XSLV Invesco S&P SmallCap Low Volatility ETF 0.8 25 102 8.8 +2.6
ENRG SoFi Smart Energy ETF 0.8 59 68 -1.7 -7.9
PBW Invesco WilderHill Clean Energy ETF 0.8 61 66 -8.1 -14.3
RFFC RiverFront Dynamic US Flex-Cap ETF 0.8 52 75 6.7 +0.5
PSCT Invesco S&P SmallCap Information Technology ETF 0.8 29 98 7.5 +1.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 121 1.7 -4.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.8 9 118 5.5 -0.7
FFTY Innovator IBD 50 ETF 0.7 80 47 7.5 +1.3
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 0.7 108 19 7.0 +0.8
XHS SPDR S&P Health Care Services ETF 0.7 35 92 -0.0 -6.2
PYZ Invesco DWA Basic Materials Momentum ETF 0.7 60 67 13.4 +7.2
XTL SPDR S&P Telecom ETF 0.7 35 92 5.7 -0.5
SCHA Schwab U.S. Small-Cap ETF 0.7 4 123 6.1 -0.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.7 30 97 10.0 +3.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.7 63 64 4.8 -1.4
GERM ETFMG Treatments Testing and Advancements ETF 0.7 68 59 -15.6 -21.8
GREK Global X FTSE Greece 20 ETF 0.6 56 71 -11.6 -17.7
FYC First Trust Small Cap Growth AlphaDEX Fund 0.6 70 57 3.6 -2.6
KROP Global X AgTech & Food Innovation ETF 0.6 50 77 0.8 -5.4
EVX VanEck Environmental Services ETF 0.6 55 72 4.0 -2.2
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.6 95 32 2.7 -3.5
VRAI Virtus Real Asset Income ETF 0.6 55 72 8.4 +2.2
FIVG Defiance Next Gen Connectivity ETF 0.6 30 97 7.6 +1.4
FMET Fidelity Metaverse ETF 0.6 39 88 6.6 +0.4
PUNK Subversive Metaverse ETF 0.6 75 52 2.7 -3.5
ARKQ Ark Autonomous Tech. & Robotics ETF 0.6 75 52 -3.1 -9.3
XITK SPDR FactSet Innovative Technology ETF 0.6 45 82 -3.9 -10.1
TWEB SoFi Web 3 ETF 0.6 59 68 -4.7 -10.8
VERS ProShares Metaverse ETF 0.6 58 69 -5.2 -11.4
ARKW ARK Web x.0 ETF 0.6 83 44 -13.5 -19.7
MOON Direxion Moonshot Innovators ETF 0.6 65 62 -43.5 -49.7
TYNE Direxion Nanotechnology ETF 0.6 65 62 -72.1 -78.3
USAI Pacer American Energy Independence ETF 0.6 75 52 3.3 -2.9
LOPX Direxion Low Priced Stock ETF 0.6 50 77 -18.7 -24.9
BBC Virtus LifeSci Biotech Clinical Trials ETF 0.6 79 48 0.0 -6.2
BBP BioShares Biotechnology Products Fund 0.6 79 48 -3.2 -9.4
XBI SPDR S&P BIOTECH ETF 0.5 35 92 -4.0 -10.1
FEMA Procure Disaster Recovery Strategy ETF 0.5 75 52 6.4 +0.2
PFI Invesco DWA Financial Momentum ETF 0.5 60 67 8.2 +2.0
XSW SPDR S&P Software & Services ETF 0.5 35 92 5.6 -0.6
PSCC Invesco S&P SmallCap Consumer Staples ETF 0.5 29 98 5.6 -0.6
IZRL ARK Israel Innovative Technology ETF 0.5 49 78 -0.6 -6.8
FMAT Fidelity MSCI Materials Index ETF 0.5 8 119 9.0 +2.8
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.5 60 67 13.2 +7.0
CVAR Cultivar ETF 0.5 87 40 9.2 +3.0
BRF VanEck Brazil Small-Cap ETF 0.5 59 68 6.2 +0.0
MORT VanEck Mortgage REIT Income ETF 0.5 40 87 18.0 +11.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 66 11.2 +5.0
BOUT Innovator IBD Breakout Opportunities ETF 0.5 84 43 5.3 -0.9
DTOX Amplify Cleaner Living ETF 0.5 59 68 -0.9 -7.1
SLX VanEck Steel ETF 0.4 55 72 31.4 +25.3
DFNL Davis Select Financial ETF 0.4 62 65 10.0 +3.8
VAW Vanguard Materials Index Fund 0.4 10 117 8.9 +2.7
EDOC Global X Telemedicine & Digital Health ETF 0.4 68 59 -2.9 -9.1
RAYD Rayliant Quantitative Developed Market Equity ETF 0.4 80 47 10.3 +4.1
ACES ALPS Clean Energy ETF 0.4 55 72 -1.2 -7.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 19 108 7.9 +1.7
REM iShares Mortgage Real Estate ETF 0.4 48 79 18.9 +12.7
SAGP Strategas Global Policy Opportunities ETF 0.4 65 62 8.6 +2.4
AVUS Avantis U.S. Equity ETF 0.4 15 112 8.1 +1.9
SBIO ALPS Medical Breakthroughs ETF 0.4 50 77 -4.6 -10.8
CGW Invesco S&P Global Water Index ETF 0.4 57 70 5.4 -0.8
AQWA Global X Clean Water ETF 0.4 50 77 5.2 -1.0
OIH VanEck Oil Services ETF 0.4 35 92 -0.7 -6.9
HAUS Home Appreciation U.S. REIT ETF 0.4 60 67 5.3 -0.9
CVY Invesco Zacks Multi-Asset Income ETF 0.4 100 27 12.1 +5.9
ITEQ BlueStar Israel Technology ETF 0.3 75 52 1.2 -5.0
FYT First Trust Small Cap Value AlphaDEX Fund 0.3 71 56 16.8 +10.6
PWC Invesco Dynamic Market ETF 0.3 60 67 8.2 +2.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.3 25 102 7.5 +1.3
CUT Invesco MSCI Global Timber ETF 0.3 61 66 10.4 +4.2
SQEW LeaderShares Equity Skew ETF 0.3 75 52 7.0 +0.8
FTHI First Trust High Income ETF 0.3 85 42 5.1 -1.1
PICK iShares MSCI Global Metals & Mining Producers ETF 0.3 39 88 14.2 +8.0
NVQ QRAFT AI-Enhanced US Next Value ETF 0.3 75 52 11.8 +5.6
XHE SPDR S&P Health Care Equipment ETF 0.3 35 92 -0.7 -6.9
NZRO Strategy Shares Halt Climate Change ETF 0.3 95 32 2.0 -4.2
IAI iShares U.S. Broker-Dealers ETF 0.3 41 86 10.3 +4.1
DFUV Dimensional US Marketwide Value ETF 0.3 23 104 9.9 +3.7
GVLU Gotham 1000 Value ETF 0.3 50 77 11.6 +5.5
ERSX ERShares NextGen Entrepreneurs ETF 0.2 75 52 7.5 +1.3
FRI First Trust S&P REIT Index Fund 0.2 50 77 6.7 +0.5
FNCL Fidelity MSCI Financials Index ETF 0.2 8 119 10.0 +3.8
FIDU Fidelity MSCI Industrials Index ETF 0.2 8 119 6.9 +0.7
VFH Vanguard Financials Index Fund 0.2 10 117 9.9 +3.7
XOP SPDR S&P Oil & Gas Exploration & Production ETF 0.2 35 92 5.8 -0.4
BTEC Principal Healthcare Innovators Index ETF 0.2 42 85 -5.0 -11.2
EBLU Ecofin Global Water ESG Fund 0.2 40 87 5.2 -1.0
USRT iShares Core U.S. REIT ETF 0.2 8 119 7.4 +1.2
VIS Vanguard Industrials Index Fund 0.2 10 117 6.6 +0.4
IBBQ Invesco Nasdaq Biotechnology ETF 0.2 19 108 -0.5 -6.7
EIS iShares MSCI Israel ETF 0.2 57 70 9.7 +3.5
PKW Invesco Buyback Achievers ETF 0.2 64 63 10.8 +4.6
RNSC Small Cap US Equity Select ETF 0.2 60 67 11.1 +4.9
IBB iShares NASDAQ Biotechnology ETF 0.2 45 82 -0.3 -6.5
VTI Vanguard Total Stock Market Index Fund 0.2 3 124 6.6 +0.4
NURE Nuveen Short-Term REIT ETF 0.2 35 92 4.8 -1.4
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 115 9.4 +3.2
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.2 11 116 7.1 +0.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 124 6.7 +0.5
VTHR Vanguard Russell 3000 Index Fund 0.2 10 117 6.7 +0.5
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.1 50 77 3.8 -2.4
VCR Vanguard Consumer Discretionary Index Fund 0.1 10 117 5.7 -0.5
IWV iShares Russell 3000 ETF 0.1 20 107 6.6 +0.4
FENY Fidelity MSCI Energy Index ETF 0.1 8 119 6.4 +0.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 62 9.0 +2.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 102 8.7 +2.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 63 64 5.3 -0.9
DFAU Dimensional US Core Equity Market ETF 0.1 12 115 7.2 +1.0
TPYP Tortoise North American Pipeline Fund 0.1 40 87 5.1 -1.1
FREL Fidelity MSCI Real Estate Index ETF 0.1 9 119 7.0 +0.8
VDE Vanguard Energy Index Fund 0.1 10 117 6.4 +0.2
HLGE Hartford Longevity Economy ETF 0.1 44 83 9.5 +3.3
SHPP Pacer Industrials and Logistics ETF 0.1 60 67 10.8 +4.7
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 123 6.5 +0.3
ITB iShares U.S. Home Construction ETF 0.1 41 86 18.6 +12.4
HKND Humankind US Stock ETF 0.1 11 116 8.5 +2.3
DFUS Dimensional U.S. Equity ETF 0.1 11 116 7.0 +0.8
GWX SPDR S&P International Small Cap ETF 0.1 40 87 5.6 -0.6
PHO Invesco Water Resources ETF 0.1 60 67 4.6 -1.6
ISRA VanEck Israel ETF 0.1 59 68 10.0 +3.8
IAK iShares U.S. Insurance ETF 0.1 42 85 8.6 +2.4
DHS WisdomTree U.S. High Dividend Fund 0.1 38 89 9.4 +3.2
RWR SPDR Dow Jones REIT ETF 0.1 25 102 7.1 +0.9
DTD WisdomTree U.S.Total Dividend Fund 0.1 28 99 8.3 +2.1
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.1 40 87 10.7 +4.5
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 119 5.6 -0.6
ERTH Invesco MSCI Sustainable Future ETF 0.1 55 72 4.1 -2.1
IBBJ Defiance Nasdaq Junior Biotechnology ETF 0.1 45 82 0.0 -6.2
REZ iShares Residential Real Estate Capped ETF 0.1 48 79 5.7 -0.5
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 69 58 12.9 +6.7
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 77 6.6 +0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 115 6.9 +0.8
SCHB Schwab U.S. Broad Market ETF 0.1 3 124 6.8 +0.6
VBK Vanguard Small-Cap Growth Index Fund 0.1 7 120 2.2 -4.0
SPTM SPDR Portfolio Total Stock Market ETF 0.1 3 124 7.2 +1.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.1 21 106 4.7 -1.5
FCOM Fidelity MSCI Telecommunication Services Index ETF 0.0 8 119 8.3 +2.1
VB Vanguard Small-Cap ETF 0.0 5 122 6.6 +0.5
VBR Vanguard Small Cap Value Index Fund 0.0 7 120 9.6 +3.4
SCHH Schwab U.S. REIT ETF 0.0 7 120 7.0 +0.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 118 7.0 +0.8
DFAR Dimensional US Real Estate ETF 0.0 19 108 6.7 +0.5
VNQ Vanguard REIT Index Fund 0.0 12 115 7.1 +0.9
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.0 50 77 9.8 +3.6
FILL iShares MSCI Global Energy Producers ETF 0.0 39 88 8.5 +2.3
FHLC Fidelity MSCI Health Care Index ETF 0.0 8 119 6.8 +0.6
AVRE Avantis Real Estate ETF 0.0 17 110 6.8 +0.6
SCHD Schwab U.S. Dividend Equity ETF 0.0 6 121 10.2 +4.0
VHT Vanguard Health Care Index Fund 0.0 10 117 6.9 +0.7
FTEC Fidelity MSCI Information Technology Index ETF 0.0 8 119 6.9 +0.7
HAP VanEck Natural Resources ETF 0.0 49 78 8.7 +2.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 88 8.8 +2.6
VGT Vanguard Information Technology Index Fund 0.0 10 117 6.9 +0.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 87 7.0 +0.8
IGM iShares Expanded Tech Sector ETF 0.0 43 84 6.4 +0.3
PFM Invesco Dividend Achievers ETF 0.0 53 74 7.2 +1.1
TECB iShares US Tech Breakthrough Multisector ETF 0.0 40 87 7.0 +0.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 30 97 8.6 +2.4
DSI iShares MSCI KLD 400 Social ETF 0.0 25 102 7.1 +0.9
SPEM SPDR Portfolio Emerging Markets ETF 0.0 11 116 9.5 +3.3
VIG Vanguard Dividend Appreciation Index Fund 0.0 6 121 7.3 +1.2
AVDE Avantis International Equity ETF 0.0 23 104 9.8 +3.6
IEFA iShares Core MSCI EAFE ETF 0.0 7 120 8.3 +2.2
IXUS ishares Core MSCI Total International Stock ETF 0.0 7 120 8.7 +2.5
AVDV Avantis International Small Cap Value ETF 0.0 36 91 9.6 +3.4

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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
AdvisorShares Dorsey Wright Micro-Cap 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 8.8 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 127 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.29 CATEGORY
AVERAGE
1.49
 
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.