Ecofin Global Water ESG Fund
ALTAR
Score™		 3.5% info Recommen-
dation		 NEUTRAL
2021E    2022E
P/E
ratio		 27.8x P/Sales
ratio		 2.5x
P/BV
ratio		 3.8x Div.
yield		 1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Tortoise Water Fund tracks an index of water infrastructure and management companies listed in the US and Canada.

FUND BASICS
Category Global Equities
Fund Sponsor Montage Managers
Website etp.tortoiseindexsolutions.com
Inception date Feb 14, 2017
Assets (mns) $50
Currency USD
Expense ratio 40 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 44
Wgt avg mkt cap (mns) $17,744
Large cap (>$10bn) 56.2%
Mid cap ($2-10bn) 40.9%
Small cap (<$2bn) 2.9%
Developed mkts 98.2%
Emerging mkts 1.8%

TOP TEN HOLDINGS
GEBERIT AG-REG 7.9 %
AMERICAN WATER WORKS CO INC 7.8 %
WOLSELEY PLC 7.6 %
ECOLAB INC 7.5 %
XYLEM INC 6.3 %
IDEX CORP 4.9 %
AQUA AMERICA INC 3.9 %
PENTAIR PLC 3.9 %
VEOLIA ENVIRONNEMENT 3.8 %
UNITED UTILITIES GROUP PLC 3.5 %
Total 57.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 48.7 %
BRITAIN 20.0 %
SWITZERLAND 11.1 %
FRANCE 7.2 %
JAPAN 3.9 %
HONG KONG 2.4 %
NETHERLANDS 2.1 %
AUSTRALIA 1.1 %
CANADA 1.0 %
BRAZIL 0.8 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
11.5% 43.6% -- -- 16.4%

Market Correlations
versus... Beta R-squared
S&P500 0.86 79%
MSCI EAFE 0.90 85%
MSCI Emg. Mkts. 0.78 76%

Technical Indicators
Recent close $47.40
30d moving avg. $45.29
Annualized volatility 17.9%
Short interest (ETF) 1.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.6%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $1,667

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 664 potential alternatives to the Ecofin Global Water ESG Fund ETF based on the alternatives' overlap in portfolio holdings with EBLU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EBLU Expense: 40 bp ALTAR Score™: 3.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EBLU
Ticker Fund
Name		 Overlap1
vs EBLU
(%)		 Expense
ratio
(bp)		 Savings
vs EBLU
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs EBLU
(%)
CGW Invesco S&P Global Water Index ETF 68.9 57 -17 3.3 -0.2
AQWA Global X Clean Water ETF 59.1 50 -10 3.8 +0.4
PIO Invesco Global Water ETF 55.6 75 -35 3.6 +0.1
PHO Invesco Water Resources ETF 49.7 60 -20 2.8 -0.6
FIW First Trust Water ETF 44.1 54 -14 2.9 -0.5
EVX VanEck Vectors Environmental Services ETF 11.4 55 -15 3.0 -0.4
GRES IQ Global Resources ETF 11.2 78 -38 6.2 +2.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 10.1 45 -5 3.2 -0.3
FTRI First Trust Indxx Global Natural Resources Income ETF 8.6 70 -30 11.0 +7.5
PUI Invesco DWA Utilities Momentum ETF 7.7 60 -20 4.9 +1.5
PRN Invesco DWA Industrials Momentum ETF 7.3 60 -20 2.1 -1.4
IYM iShares U.S. Basic Materials ETF 6.7 43 -3 4.8 +1.3
SMDV ProShares Russell 2000 Dividend Growers ETF 6.2 41 -1 5.7 +2.2
XLB Materials Select Sector SPDR Fund 5.8 12 28 5.0 +1.5
DINT Davis Select International ETF 5.6 65 -25 5.3 +1.9
HKND Humankind US Stock ETF 5.6 209 -169 3.7 +0.2
XSLV Invesco S&P SmallCap Low Volatility ETF 5.6 25 15 5.3 +1.8
RGI Invesco S&P 500 Equal Weight Industrials ETF 5.5 40 0 3.8 +0.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 5.5 47 -7 4.5 +1.0
IFRA iShares U.S. Infrastructure ETF 5.4 40 0 3.4 -0.1
PAVE Global X U.S. Infrastructure Development ETF 5.4 47 -7 4.7 +1.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 5.2 46 -6 5.9 +2.5
UTES Virtus Reaves Utilities ETF 5.2 49 -9 4.6 +1.1
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 5.1 103 -63 3.0 -0.5
WWOW Direxion World Without Waste ETF 5.1 50 -10 1.0 -2.5
JXI iShares Global Utilities ETF 5.0 46 -6 5.4 +1.9
FUTY Fidelity MSCI Utilities Index ETF 4.9 8 32 5.5 +2.1
VPU Vanguard Utilities Index Fund 4.9 10 30 5.5 +2.0
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 4.7 60 -20 3.6 +0.1
VAW Vanguard Materials Index Fund 4.6 10 30 5.5 +2.0
NOBL ProShares S&P 500 Dividend Aristocrats ETF 4.6 35 5 5.1 +1.6
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 4.6 75 -35 4.7 +1.3
FMAT Fidelity MSCI Materials Index ETF 4.6 8 32 5.5 +2.0
KSCD KFA Small Cap Quality Dividend Index ETF 4.4 51 -11 5.7 +2.3
SDY SPDR S&P Dividend ETF 4.4 35 5 5.8 +2.3
FICS First Trust International Developed Capital Strength ETF 4.4 70 -30 4.4 +1.0
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 4.3 48 -8 5.7 +2.2
FSZ First Trust Switzerland AlphaDEX Fund 4.3 80 -40 3.5 +0.0
SDG iShares Sustainable MSCI Global Impact ETF 4.2 49 -9 6.4 +3.0
JHMU John Hancock Multifactor Utilities ETF 4.1 40 0 5.4 +2.0
IDU iShares U.S. Utilities ETF 4.0 43 -3 5.2 +1.8
NUMV Nuveen ESG Mid-Cap Value ETF 3.9 40 0 6.3 +2.9
RTM Invesco S&P 500 Equal Weight Materials ETF 3.9 40 0 5.1 +1.6
DWX SPDR S&P International Dividend ETF 3.8 45 -5 6.9 +3.5
RYU Invesco S&P 500 Equal Weight Utilities ETF 3.8 40 0 5.7 +2.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 3.7 47 -7 5.6 +2.1
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 3.7 38 2 7.0 +3.6
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 3.7 35 5 5.1 +1.6
GLIF AGFiQ Global Infrastructure ETF 3.6 45 -5 4.3 +0.8
ETHO Etho Climate Leadership U.S. ETF 3.6 48 -8 3.8 +0.3
FYC First Trust Small Cap Growth AlphaDEX Fund 3.5 71 -31 1.9 -1.5
TMDV ProShares Russell US Dividend Growers ETF 3.4 36 4 4.9 +1.5
ECLN First Trust EIP Carbon Impact ETF 3.3 97 -57 3.3 -0.2
XLU Utilities Select Sector SPDR Fund 3.3 12 28 5.4 +1.9
INFR Legg Mason Global Infrastructure ETF 3.2 40 0 5.4 +2.0
XHB SPDR S&P Homebuilders ETF 3.2 35 5 7.3 +3.8
EFAD ProShares MSCI EAFE Dividend Growers ETF 3.2 51 -11 4.5 +1.0
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.2 60 -20 6.9 +3.4
PSCI Invesco S&P SmallCap Industrials ETF 3.1 29 11 5.2 +1.7
JHMA John Hancock Multifactor Materials ETF 3.1 40 0 5.7 +2.2
NUMG Nuveen ESG Mid-Cap Growth ETF 3.0 40 0 2.3 -1.2
IJT iShares S&P Small-Cap 600 Growth ETF 2.9 18 22 4.7 +1.3
SLYG SPDR S&P 600 Small Cap Growth ETF 2.9 15 25 4.8 +1.3
WWJD Inspire International ESG ETF 2.8 80 -40 5.4 +1.9
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 2.8 35 5 6.8 +3.3
PSCU Invesco S&P SmallCap Utilities ETF 2.8 29 11 3.6 +0.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.8 16 24 4.7 +1.3
JHMI John Hancock Multifactor Industrials ETF 2.7 40 0 4.9 +1.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.7 29 11 5.0 +1.6
FXU First Trust Utilities AlphaDEX Fund 2.6 62 -22 5.4 +2.0
RVRS Reverse Cap Weighted U.S. Large Cap ETF 2.6 29 11 5.3 +1.8
PSC Principal U.S. Small Cap Index ETF 2.6 38 2 4.9 +1.5
PIZ Invesco DWA Developed Markets Momentum ETF 2.6 80 -40 4.7 +1.3
OSCV Opus Small Cap Value Plus ETF 2.5 79 -39 4.0 +0.6
TPSC Timothy Plan US Small Cap Core ETF 2.5 52 -12 5.9 +2.5
EUDV ProShares MSCI Europe Dividend Growers ETF 2.5 56 -16 4.4 +0.9
VIRS Pacer BioThreat Strategy ETF 2.4 70 -30 4.7 +1.3
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 2.4 35 5 6.2 +2.8
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 2.4 35 5 6.2 +2.8
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 2.3 29 11 0.8 -2.7
LGLV SPDR Russell 1000 Low Volatility ETF 2.3 12 28 4.4 +0.9
FKU First Trust United Kingdom AlphaDEX Fund 2.3 80 -40 7.5 +4.0
EMIF iShares Emerging Markets Infrastructure ETF 2.3 60 -20 8.5 +5.0
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 2.3 30 10 7.4 +4.0
DES WisdomTree U.S. SmallCap Dividend Fund 2.2 38 2 6.4 +3.0
RFEU First Trust Riverfront Dynamic Europe ETF 2.2 83 -43 5.5 +2.1
AIRR First Trust RBA American Industrial Renaissance ETF 2.2 70 -30 4.5 +1.1
QLV FlexShares US Quality Low Volatility Index Fund 2.2 22 18 3.9 +0.4
RNSC Small Cap US Equity Select ETF 2.2 60 -20 5.8 +2.4
FIDU Fidelity MSCI Industrials Index ETF 2.2 8 32 4.9 +1.4
VIS Vanguard Industrials Index Fund 2.1 10 30 4.5 +1.0
XSHQ Invesco S&P SmallCap Quality ETF 2.1 29 11 6.0 +2.5
CHIU Global X MSCI China Utilities ETF 2.1 66 -26 9.0 +5.5
DEMZ Advisors Inner Circle Fund III DEMZ Political Contributions 2.1 45 -5 4.4 +0.9
RESD WisdomTree International ESG Fund 2.1 30 10 5.6 +2.2
YLDE ClearBridge Dividend Strategy ESG ETF 2.1 60 -20 4.4 +1.0
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 2.1 30 10 5.1 +1.6
DIM WisdomTree International MidCap Dividend Fund 2.1 58 -18 6.7 +3.3
VBR Vanguard Small Cap Value Index Fund 2.1 7 33 6.0 +2.5
EWU iShares MSCI United Kingdom ETF 2.1 51 -11 6.8 +3.3
TPHD Timothy Plan High Dividend Stock ETF 2.1 52 -12 5.5 +2.0
FLGB Franklin FTSE United Kingdom ETF 2.1 9 31 7.0 +3.5
IMOM Alpha Architect International Quantitative Momentum ETF 2.1 59 -19 4.9 +1.4
EXI iShares Global Industrials ETF 2.1 46 -6 4.7 +1.2
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 2.1 25 15 6.6 +3.2
MXI iShares Global Materials ETF 2.1 45 -5 5.3 +1.8
FLSW Franklin FTSE Switzerland ETF 2.1 9 31 4.6 +1.2
DON WisdomTree U.S. MidCap Dividend Fund 2.0 38 2 6.5 +3.1
SPLV Invesco S&P 500 Low Volatility ETF 2.0 25 15 5.2 +1.7
ALTL Pacer Lunt Large Cap Alternator ETF 2.0 60 -20 4.8 +1.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.9 5 35 5.8 +2.3
SLY SPDR S&P 600 Small Cap ETF 1.9 15 25 5.7 +2.2
IJR iShares Core S&P Small Cap ETF 1.9 6 34 5.7 +2.2
EWL iShares MSCI Switzerland ETF 1.9 51 -11 4.2 +0.7
INTF iShares Edge MSCI Multifactor Intl ETF 1.9 30 10 8.1 +4.7
XLI Industrial Select Sector SPDR Fund 1.9 12 28 4.8 +1.3
IWO iShares Russell 2000 Growth ETF 1.9 24 16 0.1 -3.4
VTWG Vanguard Russell 2000 Growth Index Fund 1.9 15 25 0.2 -3.3
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 1.9 41 -1 5.2 +1.8
TPLC Timothy Plan US Large Cap Core ETF 1.9 52 -12 4.5 +1.0
XJR iShares ESG Screened S&P Small-Cap ETF 1.9 12 28 5.4 +2.0
SUSA iShares MSCI USA ESG Select ETF 1.9 25 15 4.2 +0.8
EGIS 2nd Vote Society Defended ETF 1.8 75 -35 5.6 +2.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.8 9 31 3.4 -0.1
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.8 64 -24 5.7 +2.2
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 1.8 61 -21 5.0 +1.5
VIOO Vanguard S&P Small-Cap 600 ETF 1.8 10 30 5.6 +2.2
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 1.8 17 23 5.5 +2.1
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 1.8 24 16 6.8 +3.4
ISCG iShares Morningstar Small-Cap Growth ETF 1.8 6 34 0.5 -3.0
FLLV Franklin Liberty U.S. Low Volatility ETF 1.7 29 11 4.8 +1.3
ZGBR SPDR Solactive United Kingdom ETF 1.7 14 26 0.0 -3.5
RBIN Nationwide Risk-Based International Equity ETF 1.7 42 -2 5.7 +2.3
SSLY Syntax Stratified SmallCap ETF 1.7 40 0 4.8 +1.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 1.7 25 15 6.1 +2.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 1.7 12 28 5.5 +2.1
OEUR O'shares FTSE Europe Quality Dividend ETF 1.7 48 -8 5.0 +1.5
KLCD KFA Large Cap Quality Dividend Index ETF 1.7 42 -2 5.5 +2.1
DFAS Dimensional U.S. Small Cap ETF 1.7 34 6 4.7 +1.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.6 80 -40 4.9 +1.4
IMCG iShares Morningstar Mid-Cap Growth ETF 1.6 6 34 3.0 -0.4
VB Vanguard Small-Cap ETF 1.6 5 35 4.3 +0.9
JMIN JPMorgan U.S. Minimum Volatility ETF 1.6 12 28 5.3 +1.9
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 1.6 80 -40 5.5 +2.1
VFMV Vanguard U.S. Minimum Volatility ETF 1.6 13 27 4.2 +0.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.6 20 20 4.2 +0.8
KRMA Global X Conscious Companies ETF 1.6 43 -3 4.8 +1.3
GII SPDR S&P Global Infrastructure ETF 1.5 40 0 4.0 +0.6
IGF iShares Global Infrastructure ETF 1.5 46 -6 4.0 +0.5
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.5 60 -20 6.1 +2.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.5 24 16 5.5 +2.0
HAP VanEck Vectors Natural Resources ETF 1.5 50 -10 5.1 +1.7
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.5 30 10 8.1 +4.6
IWM iShares Russell 2000 ETF 1.5 19 21 2.6 -0.9
VTWO Vanguard Russell 2000 Index Fund 1.5 10 30 2.7 -0.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.5 58 -18 6.9 +3.5
XMLV Invesco S&P MidCap Low Volatility ETF 1.5 25 15 5.2 +1.7
EDIV SPDR S&P Emerging Markets Dividend ETF 1.5 49 -9 10.1 +6.6
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 1.5 61 -21 9.2 +5.7
AVDR AVDR US LargeCap Leading ETF 1.4 60 -20 5.1 +1.6
IGRO iShares International Dividend Growth ETF 1.4 15 25 6.8 +3.4
SMEZ SPDR EURO STOXX Small Cap ETF 1.4 45 -5 0.0 -3.5
JSTC Adasina Social Justice All Cap Global ETF 1.4 89 -49 4.6 +1.1
LRGE ClearBridge Large Cap Growth ESG ETF 1.4 59 -19 2.9 -0.5
DWMF WisdomTree International Multifactor Fund 1.4 38 2 6.4 +2.9
BKSE BNY Mellon US Small Cap Core Equity ETF 1.4 4 36 4.1 +0.7
VFLQ Vanguard U.S. Liquidity Factor ETF 1.4 13 27 3.1 -0.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 1.4 20 20 5.9 +2.5
NULG Nuveen ESG Large-Cap Growth ETF 1.3 35 5 2.9 -0.6
FSMD Fidelity Small-Mid Factor ETF 1.3 29 11 5.9 +2.5
IYJ iShares U.S. Industrials ETF 1.3 42 -2 4.8 +1.3
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 1.3 35 5 4.9 +1.4
SIXL 6 Meridian Low Beta Equity Strategy ETF 1.3 88 -48 4.4 +0.9
FLFR Franklin FTSE France ETF 1.3 9 31 5.4 +1.9
IUSS Invesco Strategic US Small Company ETF 1.3 23 17 4.4 +0.9
PSET Principal Price Setters Index ETF 1.3 15 25 4.7 +1.2
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.3 17 23 3.8 +0.4
JSML Janus Henderson Small Cap Growth Alpha ETF 1.3 30 10 5.5 +2.0
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 1.3 40 0 5.2 +1.7
SCHM Schwab U.S. Mid-Cap ETF 1.3 4 36 4.7 +1.2
EWQ iShares MSCI France ETF 1.3 51 -11 5.0 +1.6
ACIO Aptus Collared Income Opportunity ETF 1.3 79 -39 3.8 +0.3
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 1.2 35 5 5.2 +1.7
CFA VictoryShares US 500 Volatility Weighted Index ETF 1.2 35 5 5.2 +1.7
JPIN JPMorgan Diversified Return International Equity ETF 1.2 37 3 7.6 +4.2
IMFL Invesco International Developed Dynamic Multifactor ETF 1.2 34 6 7.3 +3.9
VIG Vanguard Dividend Appreciation Index Fund 1.2 6 34 5.2 +1.7
IWS iShares Russell Mid-Cap Value ETF 1.2 24 16 5.5 +2.0
RSP Invesco S&P 500 Equal Weight ETF 1.2 20 20 5.1 +1.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.2 25 15 6.1 +2.7
JHMM John Hancock Multifactor Mid Cap ETF 1.2 42 -2 4.6 +1.2
AFSM First Trust Active Factor Small Cap ETF 1.2 77 -37 5.3 +1.9
VFQY Vanguard U.S. Quality Factor ETF 1.2 13 27 5.0 +1.5
CACG ClearBridge All Cap Growth ETF 1.2 53 -13 3.7 +0.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 1.2 32 8 5.7 +2.3
ESGS Columbia Sustainable U.S. Equity Income ETF 1.2 35 5 7.6 +4.2
EZM WisdomTree U.S. MidCap Earnings Fund 1.2 38 2 7.5 +4.0
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 1.2 20 20 3.6 +0.1
FVL First Trust Value Line 100 ETF 1.2 70 -30 0.0 -3.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.2 4 36 4.6 +1.1
IMCB iShares Morningstar Mid-Cap ETF 1.2 4 36 4.6 +1.1
SIZE iShares MSCI USA Size Factor ETF 1.1 15 25 4.6 +1.2
IJK iShares S&P Mid-Cap 400 Growth ETF 1.1 17 23 4.3 +0.8
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.1 15 25 4.3 +0.8
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.1 15 25 4.3 +0.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.1 39 1 3.5 +0.1
IQLT iShares Edge MSCI Intl Quality Factor ETF 1.1 30 10 5.6 +2.2
FYX First Trust Small Cap Core AlphaDEX Fund 1.1 63 -23 5.7 +2.3
FDEM Fidelity Emerging Markets Multifactor ETF 1.1 45 -5 9.6 +6.1
ISCB iShares Morningstar Small-Cap ETF 1.1 4 36 3.0 -0.4
EUSA iShares MSCI USA Equal Weighted ETF 1.1 15 25 4.6 +1.2
IDLV Invesco S&P International Developed Low Volatility ETF 1.1 25 15 5.7 +2.3
IDV iShares International Select Dividend ETF 1.1 49 -9 9.4 +6.0
RNMC Mid Cap US Equity Select ETF 1.1 60 -20 6.0 +2.6
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.1 25 15 4.8 +1.4
SIXS 6 Meridian Small Cap Equity ETF 1.1 100 -60 6.2 +2.7
BLES Inspire Global Hope Large Cap ETF 1.1 52 -12 4.9 +1.5
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 1.1 17 23 6.1 +2.6
DMXF iShares ESG Advanced MSCI EAFE ETF 1.1 12 28 5.9 +2.5
FLEH Franklin FTSE Europe Hedged ETF 1.1 9 31 6.3 +2.9
FLEE Franklin FTSE Europe ETF 1.1 9 31 6.3 +2.8
SLYV SPDR S&P 600 Small Cap Value ETF 1.1 15 25 6.6 +3.2
IJS iShares S&P Small-cap 600 Value ETF 1.1 18 22 6.5 +3.0
VBK Vanguard Small-Cap Growth Index Fund 1.1 7 33 1.9 -1.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.1 18 22 5.8 +2.3
VTWV Vanguard Russell 2000 Value Index Fund 1.1 15 25 4.8 +1.3
IWN iShares Russell 2000 Value ETF 1.1 24 16 4.7 +1.2
BUL Pacer US Cash Cows Growth ETF 1.1 60 -20 5.0 +1.5
SFYX Sofi Next 500 ETF 1.0 0 40 4.5 +1.0
FJP First Trust Japan AlphaDEX Fund 1.0 80 -40 8.0 +4.6
STSB iShares Factors US Small Blend Style ETF 1.0 35 5 3.5 +0.0
CZA Invesco Zacks Mid-Cap ETF 1.0 69 -29 4.8 +1.4
QDF FlexShares Quality Dividend Index Fund 1.0 37 3 5.9 +2.4
HEWU iShares Currency Hedged MSCI United Kingdom ETF 1.0 51 -11 6.7 +3.3
TPIF Timothy Plan International ETF 1.0 62 -22 5.9 +2.4
SCHA Schwab U.S. Small-Cap ETF 1.0 4 36 3.5 +0.0
PSCT Invesco S&P SmallCap Information Technology ETF 1.0 29 11 4.5 +1.1
TDV ProShares S&P Technology Dividend Aristocrats ETF 1.0 46 -6 4.4 +1.0
SNSR Global X Internet of Things Thematic ETF 1.0 68 -28 3.4 -0.1
FVD First Trust Value Line Dividend Index Fund 1.0 70 -30 5.4 +1.9
AVDE Avantis International Equity ETF 1.0 23 17 6.7 +3.2
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 1.0 49 -9 4.4 +0.9
VGK Vanguard FTSE Europe ETF 1.0 8 32 6.4 +2.9
LSLT Salt Low truBeta US Market ETF 1.0 60 -20 5.2 +1.8
IEV iShares Europe ETF 1.0 59 -19 6.0 +2.6
EWN iShares MSCI Netherlands ETF 1.0 51 -11 3.9 +0.4
ISZE iShares Edge MSCI Intl Size Factor ETF 1.0 30 10 5.9 +2.5
DEF Invesco Defensive Equity ETF 1.0 53 -13 5.3 +1.8
IMTM iShares Edge MSCI Intl Momentum Factor ETF 1.0 30 10 6.6 +3.2
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 1.0 25 15 5.6 +2.1
KOMP SPDR Kensho New Economies Composite ETF 1.0 20 20 1.6 -1.9
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 1.0 29 11 5.9 +2.5
PFM Invesco Dividend Achievers ETF 1.0 53 -13 5.1 +1.6
IEUR iShares Core MSCI Europe ETF 1.0 9 31 6.3 +2.8
AFLG First Trust Active Factor Large Cap ETF 1.0 55 -15 5.0 +1.6
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.0 75 -35 5.5 +2.0
BBEU JPMorgan BetaBuilders Europe ETF 1.0 9 31 6.5 +3.1
XMMO Invesco S&P MidCap Momentum ETF 1.0 34 6 3.5 +0.1
PQIN PGIM QMA Strategic Alpha International Equity ETF 1.0 29 11 7.1 +3.6
IEUS iShares MSCI Europe Small-Cap ETF 0.9 40 0 4.6 +1.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.9 63 -23 1.8 -1.7
FLRG Fidelity U.S. Multifactor ETF 0.9 29 11 5.5 +2.0
LVOL American Century Low Volatility ETF 0.9 29 11 4.5 +1.0
SPEU SPDR Portfolio Europe ETF 0.9 9 31 6.3 +2.8
VOE Vanguard Mid-Cap Value Index Fund 0.9 7 33 6.1 +2.7
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 0.9 20 20 0.0 -3.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.9 46 -6 6.0 +2.5
AIIQ AI Powered International Equity ETF 0.9 79 -39 2.5 -1.0
ESGU iShares MSCI USA ESG Optimized ETF 0.9 15 25 4.5 +1.0
FXZ First Trust Materials AlphaDEX Fund 0.9 67 -27 7.3 +3.9
IWR iShares Russell Midcap ETF 0.9 19 21 4.5 +1.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.9 15 25 6.5 +3.1
XSMO Invesco S&P SmallCap Momentum ETF 0.9 39 1 3.9 +0.5
DOO WisdomTree International Dividend ex-Financials Fund 0.9 58 -18 7.4 +4.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.9 20 20 5.0 +1.5
FID First Trust S&P International Dividend Aristocrats ETF 0.9 60 -20 8.4 +4.9
CSML IQ Chaikin U.S. Small Cap ETF 0.9 35 5 2.5 -1.0
VSDA VictoryShares Dividend Accelerator ETF 0.9 35 5 4.5 +1.0
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.9 6 34 3.9 +0.4
UIVM VictoryShares USAA MSCI International Value Momentum ETF 0.9 35 5 8.1 +4.6
PY Principal Shareholder Yield Index ETF 0.9 15 25 8.1 +4.7
PDEV Principal International Multi-Factor Core Index ETF 0.9 25 15 6.8 +3.3
EWJE iShares MSCI Japan Equal Weighted ETF 0.9 15 25 6.2 +2.7
HUSV First Trust Horizon Managed Volatility Domestic ETF 0.8 70 -30 4.8 +1.4
NULC Nuveen ESG Large-Cap ETF 0.8 20 20 4.5 +1.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.8 20 20 6.2 +2.7
QEFA SPDR MSCI EAFE Quality Mix ETF 0.8 30 10 6.0 +2.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.8 12 28 5.6 +2.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.8 9 31 4.7 +1.2
VIGI Vanguard International Dividend Appreciation ETF 0.8 20 20 4.9 +1.4
CIL VictoryShares International Volatility Weighted Index ETF 0.8 45 -5 6.2 +2.8
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.8 45 -5 6.2 +2.8
EFG iShares MSCI EAFE Growth ETF 0.8 40 0 4.4 +0.9
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 0.8 29 11 6.1 +2.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.8 39 1 6.3 +2.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.8 14 26 5.6 +2.2
PDP Invesco DWA Momentum ETF 0.8 62 -22 2.6 -0.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.8 7 33 3.8 +0.3
IJH iShares Core S&P Mid-Cap ETF 0.8 5 35 5.5 +2.1
SPMD SPDR Portfolio Mid Cap ETF 0.8 5 35 5.5 +2.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.8 10 30 5.6 +2.1
MDY SPDR S&P Midcap 400 ETF Trust 0.8 23 17 5.3 +1.9
EFAV iShares Edge MSCI Min Vol EAFE ETF 0.8 20 20 4.8 +1.4
HLAL Wahed FTSE USA Shariah ETF 0.8 50 -10 4.1 +0.7
JHSC John Hancock Multifactor Small Cap ETF 0.8 42 -2 4.8 +1.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.8 10 30 4.6 +1.2
VO Vanguard Mid-Cap Index Fund 0.8 4 36 4.3 +0.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.8 4 36 6.2 +2.7
SUSL iShares ESG MSCI USA Leaders ETF 0.7 10 30 4.6 +1.2
RBUS Nationwide Risk-Based U.S. Equity ETF 0.7 30 10 4.8 +1.4
DSI iShares MSCI KLD 400 Social ETF 0.7 25 15 4.4 +0.9
MAGA Point Bridge GOP Stock Tracker ETF 0.7 72 -32 4.6 +1.2
DLS WisdomTree International SmallCap Dividend Fund 0.7 58 -18 7.8 +4.3
CHII Global X MSCI China Industrials ETF 0.7 66 -26 10.6 +7.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.7 20 20 5.2 +1.7
QSY WisdomTree U.S. LargeCap Value Fund 0.7 38 2 6.6 +3.1
JHMD John Hancock Multifactor Developed International ETF 0.7 39 1 6.3 +2.8
HOMZ Hoya Capital Housing ETF 0.7 30 10 6.8 +3.4
QINT American Century Quality Diversified International ETF 0.7 39 1 6.7 +3.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 20 5.2 +1.8
SCHV Schwab U.S. Large-Cap Value ETF 0.7 4 36 5.9 +2.5
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 0.7 69 -29 4.2 +0.8
IDLB Invesco FTSE International Low Beta Equal Weight ETF 0.7 45 -5 5.8 +2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.7 9 31 5.1 +1.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.7 40 0 7.0 +3.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.7 20 20 6.1 +2.7
IDHQ Invesco S&P International Developed Quality ETF 0.7 29 11 5.2 +1.7
DFAI Dimensional International Core Equity Market ETF 0.7 18 22 6.1 +2.6
ISVL iShares International Developed Small Cap Value Factor ETF 0.7 30 10 7.0 +3.5
IQDG WisdomTree International Quality Dividend Growth Fund 0.7 42 -2 6.0 +2.6
VSGX Vanguard ESG International Stock ETF 0.7 17 23 6.2 +2.8
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.7 35 5 4.0 +0.5
ESGN Columbia Sustainable International Equity Income ETF 0.7 45 -5 8.6 +5.2
IQSI IQ Candriam ESG International Equity ETF 0.7 15 25 6.3 +2.9
DWM WisdomTree International Equity Fund 0.7 48 -8 6.8 +3.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.7 45 -5 7.2 +3.8
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.7 7 33 6.5 +3.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.7 58 -18 5.8 +2.4
ESGD iShares MSCI EAFE ESG Optimized ETF 0.7 20 20 6.0 +2.6
KGRN KraneShares MSCI China Environment Index ETF 0.7 80 -40 6.5 +3.0
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.7 40 0 6.7 +3.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.7 19 21 4.9 +1.5
DSTL Distillate US Fundamental Stability & Value ETF 0.7 39 1 6.2 +2.7
IEFA iShares Core MSCI EAFE ETF 0.7 7 33 6.3 +2.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.7 35 5 4.8 +1.4
VXF Vanguard Extended Market Index Fund 0.7 6 34 2.5 -0.9
EFA iShares MSCI EAFE ETF 0.7 32 8 6.2 +2.7
ACWF iShares MSCI Global Multifactor ETF 0.7 35 5 7.3 +3.9
RNDM First Trust Developed International Equity Select ETF 0.7 65 -25 5.5 +2.1
IQIN IQ 500 International ETF 0.7 25 15 7.6 +4.1
WDIV SPDR Global Dividend ETF 0.7 40 0 8.6 +5.1
IMCV iShares Morningstar Mid-Cap Value ETF 0.7 6 34 6.2 +2.8
AIEQ AI Powered Equity ETF 0.7 80 -40 -0.2 -3.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.7 39 1 6.2 +2.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.7 58 -18 6.0 +2.6
DGRO iShares Core Dividend Growth ETF 0.7 8 32 6.0 +2.6
SCZ iShares MSCI Eafe Small-Cap ETF 0.7 40 0 4.9 +1.5
EES WisdomTree SmallCap Earnings Fund 0.7 38 2 7.6 +4.2
HFXI IQ 50 Percent Hedged FTSE International ETF 0.7 20 20 6.4 +3.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.6 36 4 6.1 +2.7
VFMF Vanguard U.S. Multifactor ETF 0.6 19 21 7.0 +3.5
IDEV iShares Core MSCI International Developed Markets ETF 0.6 5 35 6.2 +2.8
RNLC Large Cap US Equity Select ETF 0.6 60 -20 5.0 +1.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 -30 0.7 -2.8
SCHF Schwab International Equity ETF 0.6 6 34 6.5 +3.0
RODE Hartford Multifactor Diversified International ETF 0.6 29 11 9.6 +6.1
CWI SPDR MSCI ACWI ex-US ETF 0.6 30 10 6.3 +2.8
KLDW Gavekal Knowledge Leaders Developed World ETF 0.6 75 -35 3.7 +0.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.6 29 11 6.6 +3.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.6 29 11 7.2 +3.7
VEA Vanguard FTSE Developed Markets ETF 0.6 5 35 6.4 +3.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.6 30 10 5.5 +2.0
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 76 -36 3.3 -0.2
VOT Vanguard Mid-Cap Growth Index Fund 0.6 7 33 2.7 -0.8
DFE WisdomTree Europe SmallCap Dividend Fund 0.6 58 -18 7.3 +3.8
EFNL iShares MSCI Finland Capped ETF 0.6 53 -13 4.5 +1.1
RESP WisdomTree US ESG Fund of Benef Interest 0.6 28 12 5.4 +1.9
DTH WisdomTree International High Dividend Fund 0.6 58 -18 8.3 +4.9
JHML John Hancock Multifactor Large Cap ETF 0.6 29 11 4.7 +1.3
USXF iShares ESG Advanced MSCI USA ETF 0.6 10 30 4.5 +1.0
NUSC Nuveen ESG Small-Cap ETF 0.6 40 0 3.8 +0.4
ABEQ Absolute Core Strategy ETF 0.6 88 -48 4.1 +0.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.6 49 -9 3.6 +0.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.6 25 15 7.8 +4.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.6 20 20 7.4 +3.9
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.6 15 25 4.6 +1.1
ISCV iShares Morningstar Small Cap Value ETF 0.6 6 34 5.3 +1.9
WOMN Impact Shares YWCA Women's Empowerment ETF 0.5 75 -35 4.2 +0.7
FDLO Fidelity Low Volatility Factor ETF 0.5 29 11 4.3 +0.9
RNEM First Trust Emerging Markets Equity Select ETF 0.5 75 -35 10.8 +7.3
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 0.5 16 24 5.9 +2.4
LRGF iShares Edge MSCI Multifactor USA ETF 0.5 20 20 6.2 +2.8
SPXT ProShares S&P 500 Ex-Technology ETF 0.5 27 13 4.7 +1.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.5 42 -2 4.6 +1.2
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.5 40 0 5.4 +1.9
DFAU Dimensional US Core Equity Market ETF 0.5 12 28 4.7 +1.2
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 0.5 48 -8 7.8 +4.4
EFV iShares MSCI EAFE Value ETF 0.5 39 1 8.1 +4.7
IQDF FlexShares International Quality Dividend Index Fund 0.5 47 -7 8.5 +5.1
EURZ Xtrackers Eurozone Equity ETF 0.5 9 31 5.9 +2.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.5 20 20 6.2 +2.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.5 30 10 5.3 +1.8
VYMI Vanguard International High Dividend Yield ETF 0.5 27 13 9.0 +5.6
EMLP First Trust North American Energy Infrastructure Fund 0.5 96 -56 4.6 +1.1
FEUZ First Trust Eurozone AlphaDEX ETF 0.5 80 -40 7.8 +4.3
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.5 37 3 5.7 +2.2
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 8 32 6.7 +3.3
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 3 5.5 +2.1
VOOV Vanguard S&P 500 Value ETF 0.5 10 30 6.0 +2.6
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.5 23 17 7.1 +3.6
IVE iShares S&P 500 Value ETF 0.5 18 22 5.9 +2.5
SPYV SPDR Portfolio S&P 500 Value ETF 0.5 4 36 6.1 +2.6
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.5 28 12 6.0 +2.6
BKIE BNY Mellon International Equity ETF 0.5 4 36 6.5 +3.1
BFOR Barron's 400 ETF 0.5 70 -30 5.8 +2.3
IUSV iShares Core S&P U.S. Value ETF 0.5 4 36 6.1 +2.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.5 47 -7 5.5 +2.0
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 27 3.2 -0.3
URTH iShares MSCI World ETF 0.5 24 16 4.8 +1.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 1 5.1 +1.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.5 9 31 4.9 +1.5
VXUS Vanguard Total International Stock ETF 0.5 8 32 6.6 +3.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 -9 4.3 +0.8
EFIV SPDR S&P 500 ESG ETF 0.5 10 30 4.6 +1.1
ROUS Hartford Multifactor US Equity ETF 0.5 19 21 5.4 +2.0
SMMD iShares Russell 2500 ETF 0.5 15 25 4.8 +1.3
TOK iShares MSCI Kokusai ETF 0.5 25 15 4.7 +1.3
CATH Global X S&P 500 Catholic Values Custom ETF 0.5 29 11 4.3 +0.8
NACP Impact Shares NAACP Minority Empowerment ETF 0.5 49 -9 4.4 +0.9
SNPE Xtrackers S&P 500 ESG ETF 0.5 10 30 4.5 +1.1
DFUS Dimensional U.S. Equity ETF 0.5 11 29 4.5 +1.0
IXUS ishares Core MSCI Total International Stock ETF 0.5 9 31 6.5 +3.0
HART IQ Healthy Hearts ETF 0.5 45 -5 4.1 +0.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.5 39 1 6.8 +3.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.5 32 8 6.4 +3.0
IWD iShares Russell 1000 Value ETF 0.5 19 21 5.8 +2.3
VONV Vanguard Russell 1000 Value Index Fund 0.5 8 32 5.9 +2.4
ILCG iShares Morningstar Growth ETF 0.5 4 36 3.0 -0.5
AVDV Avantis International Small Cap Value ETF 0.5 36 4 6.4 +3.0
VT Vanguard Total World Stock ETF 0.5 8 32 5.3 +1.8
FDEV Fidelity Targeted International Factor ETF 0.5 39 1 5.6 +2.2
IVRA Invesco Real Assets ESG ETF 0.5 59 -19 4.7 +1.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.5 65 -25 5.5 +2.0
SPTM SPDR Portfolio Total Stock Market ETF 0.5 3 37 4.7 +1.3
VTI Vanguard Total Stock Market Index Fund 0.4 3 37 4.3 +0.8
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 0.4 15 25 5.8 +2.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.4 40 0 6.4 +2.9
SPXN ProShares S&P 500 Ex-Financials ETF 0.4 27 13 4.2 +0.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.4 32 8 8.4 +5.0
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.4 15 25 6.7 +3.2
IWV iShares Russell 3000 ETF 0.4 20 20 4.3 +0.8
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.4 25 15 6.7 +3.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.4 27 13 4.2 +0.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.4 18 22 6.5 +3.1
MDYV SPDR S&P 400 Mid Cap Value ETF 0.4 15 25 6.5 +3.1
VTHR Vanguard Russell 3000 Index Fund 0.4 10 30 4.4 +0.9
SCHB Schwab U.S. Broad Market ETF 0.4 3 37 4.4 +0.9
DWAS Invesco DWA SmallCap Momentum ETF 0.4 60 -20 -0.4 -3.9
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.4 25 15 6.6 +3.1
DTD WisdomTree U.S.Total Dividend Fund 0.4 28 12 6.1 +2.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 37 4.3 +0.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.4 15 25 5.7 +2.3
ACWI iShares MSCI ACWI ETF 0.4 32 8 5.0 +1.6
QWLD SPDR MSCI World StrategicFactors ETF 0.4 30 10 5.2 +1.7
EZU iShares MSCI Eurozone ETF 0.4 51 -11 5.5 +2.0
JQUA JPMorgan U.S. Quality Factor ETF 0.4 12 28 4.9 +1.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.4 52 -12 4.7 +1.3
SDGA Impact Shares Sustainable Development Goals Global ETF 0.4 75 -35 5.3 +1.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.4 41 -1 6.3 +2.9
XVV iShares ESG Screened S&P 500 ETF 0.4 8 32 4.6 +1.1
DOL WisdomTree International LargeCap Dividend Fund 0.4 48 -8 6.8 +3.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 30 10 9.3 +5.9
IQSU IQ Candriam ESG US Equity ETF 0.4 9 31 4.4 +1.0
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.4 60 -20 6.0 +2.5
DFAT Dimensional U.S. Targeted Value ETF 0.4 34 6 6.1 +2.6
SCHK Schwab 1000 Index ETF 0.4 5 35 4.5 +1.0
SPXE ProShares S&P 500 Ex-Energy ETF 0.4 27 13 4.5 +1.1
PBP Invesco S&P 500 BuyWrite ETF 0.4 49 -9 4.3 +0.8
AVUS Avantis U.S. Equity ETF 0.4 15 25 5.0 +1.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.4 20 20 4.6 +1.1
PBUS Invesco PureBeta MSCI USA ETF 0.4 4 36 4.5 +1.1
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 -25 6.0 +2.6
SMDY Syntax Stratified MidCap ETF 0.4 35 5 5.0 +1.5
VOO VANGUARD S&P 500 ETF 0.4 3 37 4.6 +1.2
SPLG SPDR Portfolio Large Cap ETF 0.4 3 37 4.7 +1.2
IVV iShares Core S&P 500 ETF 0.4 3 37 4.6 +1.2
SPY SPDR S&P 500 ETF Trust 0.4 9 31 4.6 +1.1
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 -20 4.9 +1.5
IYY iShares Dow Jones U.S. ETF 0.4 20 20 4.4 +0.9
RESE WisdomTree Emerging Markets ESG Fund 0.4 32 8 7.5 +4.0
SCHX Schwab U.S. Large-Cap ETF 0.4 3 37 4.5 +1.1
JPEM J.P. Morgan Diversified Return Emerging Markets Equity ETF 0.4 44 -4 8.3 +4.8
FEP First Trust Europe AlphaDEX Fund 0.4 80 -40 7.3 +3.9
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 37 4.5 +1.0
VONE Vanguard Russell 1000 ETF 0.4 8 32 4.5 +1.0
KESG KraneShares MSCI China ESG Leaders Index ETF 0.4 59 -19 9.0 +5.6
IWB iShares Russell 1000 ETF 0.4 15 25 4.4 +1.0
ESG FlexShares STOXX US ESG Impact Index Fund 0.4 32 8 4.4 +0.9
XYLG Global X S&P 500 Covered Call & Growth ETF 0.4 60 -20 4.2 +0.7
RWK Invesco S&P MidCap 400 Revenue ETF 0.4 39 1 6.3 +2.8
WLDR Affinity World Leaders Equity ETF 0.4 67 -27 7.7 +4.2
KALL KraneShares MSCI All China Index ETF 0.4 49 -9 8.5 +5.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 1 3.8 +0.3
IWP iShares Russell Mid-Cap Growth ETF 0.4 24 16 2.8 -0.6
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 20 5.1 +1.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.3 25 15 5.6 +2.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 28 4.4 +0.9
STMB iShares Factors US Mid Blend Style ETF 0.3 30 10 5.4 +1.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 38 4.6 +1.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.3 25 15 4.7 +1.3
IWC iShares Micro-Cap ETF 0.3 60 -20 -2.3 -5.8
VEGI iShares MSCI Global Agriculture Producers ETF 0.3 39 1 4.5 +1.1
DEFA iShares Adaptive Currency Hedged MSCI EAFE ETF 0.3 35 5 6.3 +2.8
SCHC Schwab International Small-Cap Equity ETF 0.3 11 29 4.9 +1.5
REVS Columbia Research Enhanced Value ETF 0.3 19 21 6.6 +3.2
HEFA iShares Currency Hedged MSCI EAFE ETF 0.3 35 5 6.2 +2.8
IUSG iShares Core S&P US Growth ETF 0.3 4 36 3.8 +0.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 0.3 20 20 7.7 +4.2
RAFE PIMCO RAFI ESG U.S. ETF 0.3 30 10 6.5 +3.0
SHE SPDR SSGA Gender Diversity Index ETF 0.3 20 20 3.9 +0.4
HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF 0.3 43 -3 5.1 +1.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 28 3.6 +0.1
ESGV Vanguard ESG U.S. Stock ETF 0.3 12 28 4.5 +1.0
OBOR KraneShares MSCI One Belt One Road Index ETF 0.3 79 -39 8.3 +4.8
SMOG VanEck Vectors Low Carbon Energy ETF 0.3 62 -22 3.3 -0.1
VTV Vanguard Value Index Fund 0.3 4 36 6.3 +2.9
TMFC Motley Fool 100 Index ETF 0.3 50 -10 3.1 -0.4
NUDM Nuveen ESG International Developed Markets Equity ETF 0.3 40 0 5.7 +2.2
MGK Vanguard Mega Cap Growth ETF 0.3 7 33 3.6 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 1 5.7 +2.3
VEGN US Vegan Climate ETF 0.3 60 -20 3.7 +0.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 33 4.5 +1.0
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -30 5.4 +1.9
GXC SPDR S&P China ETF 0.3 59 -19 8.2 +4.8
FLCH Franklin FTSE China ETF 0.3 19 21 8.8 +5.4
MCHI iShares MSCI China ETF 0.3 59 -19 8.2 +4.7
VOOG Vanguard S&P 500 Growth ETF 0.3 10 30 3.8 +0.3
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.3 30 10 6.2 +2.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 11 29 5.2 +1.8
TUSA First Trust Total US Market AlphaDEX ETF 0.3 70 -30 5.7 +2.2
FQAL Fidelity Quality Factor ETF 0.3 29 11 4.7 +1.3
SPYG SPDR Portfolio S&P 500 Growth ETF 0.3 4 36 3.8 +0.4
VONG Vanguard Russell 1000 Growth Index Fund 0.3 8 32 3.7 +0.3
IVW iShares S&P 500 Growth ETF 0.3 18 22 3.7 +0.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.3 20 20 8.8 +5.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.3 20 20 4.5 +1.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.3 34 6 3.7 +0.2
ILCV iShares Morningstar Value ETF 0.3 4 36 6.1 +2.7
IWF iShares Russell 1000 Growth ETF 0.3 19 21 3.6 +0.1
VV Vanguard Large-Cap Index Fund 0.3 4 36 4.5 +1.0
VLU SPDR S&P 1500 Value Tilt ETF 0.3 12 28 6.2 +2.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.3 25 15 5.6 +2.2
EMGF iShares MSCI Emerging Markets Multifactor ETF 0.3 45 -5 10.1 +6.7
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.3 35 5 6.1 +2.6
EPS WisdomTree U.S. Earnings 500 Fund 0.3 8 32 5.8 +2.4
DEM WisdomTree Emerging Markets High Dividend Fund 0.3 63 -23 13.2 +9.7
NUEM Nuveen ESG Emerging Markets Equity ETF 0.3 45 -5 6.5 +3.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 31 4.9 +1.5
DLN WisdomTree U.S. LargeCap Dividend Fund 0.3 28 12 6.0 +2.6
IWY iShares Russell Top 200 Growth ETF 0.3 20 20 3.7 +0.3
ACVF American Conservative Values ETF 0.3 75 -35 4.0 +0.6
CEZ VictoryShares Emerging Market Volatility Wtd ETF 0.3 50 -10 0.0 -3.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.3 30 10 7.8 +4.3
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 28 6.8 +3.4
VUG Vanguard Growth Index Fund 0.3 4 36 3.5 0.0
FDT First Trust Developed Markets ex-US Alphadex Fund 0.2 80 -40 8.0 +4.6
RWL Invesco S&P 500 Revenue ETF 0.2 39 1 5.8 +2.4
QGRO American Century STOXX U.S. Quality Growth ETF 0.2 29 11 3.9 +0.4
FLJH Franklin FTSE Japan Hedged ETF 0.2 9 31 6.8 +3.4
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF 0.2 35 5 6.4 +3.0
SFY SoFi Select 500 ETF 0.2 0 40 4.3 +0.8
ECNS iShares MSCI China Small-Cap ETF 0.2 59 -19 10.7 +7.3
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.2 63 -23 10.4 +6.9
EWJ iShares MSCI Japan ETF 0.2 51 -11 6.2 +2.8
BKF iShares MSCI BRIC ETF 0.2 70 -30 7.2 +3.8
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.2 46 -6 6.4 +2.9
HEZU iShares Currency Hedged MSCI Eurozone ETF 0.2 54 -14 5.4 +2.0
FLJP Franklin FTSE Japan ETF 0.2 9 31 6.7 +3.3
AVEM Avantis Emerging Markets Equity ETF 0.2 33 7 8.5 +5.0
FTHI First Trust High Income ETF 0.2 85 -45 5.0 +1.5
FTLB First Trust Hedged BuyWrite Income ETF 0.2 85 -45 4.9 +1.5
CN Xtrackers MSCI All China Equity ETF 0.2 50 -10 8.2 +4.8
GWX SPDR S&P International Small Cap ETF 0.2 40 0 4.8 +1.3
JEMA JPMorgan Emerging Markets Equity Core ETF 0.2 39 1 6.5 +3.0
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 25 5.0 +1.5
DXJ WisdomTree Japan Hedged Equity Fund 0.2 48 -8 7.6 +4.1
ESGE iShares ESG Aware MSCI EM ETF 0.2 25 15 7.0 +3.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -19 9.7 +6.2
GSPY Gotham Enhanced 500 ETF 0.2 50 -10 4.6 +1.2
IUS Invesco Strategic US ETF 0.2 19 21 5.7 +2.2
IECS iShares Evolved U.S. Consumer Staples ETF 0.2 18 22 5.2 +1.7
JDIV JPMorgan U.S. Dividend ETF 0.2 12 28 6.7 +3.2
MGC Vanguard Mega Cap Index Fund 0.2 7 33 4.5 +1.1
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.2 58 -18 8.1 +4.7
IWL iShares Russell Top 200 ETF 0.2 15 25 4.4 +1.0
FTC First Trust Large Cap Growth AlphaDEX Fund 0.2 60 -20 2.6 -0.8
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 5 7.5 +4.0
EEMA iShares MSCI Emerging Markets Asia ETF 0.2 50 -10 7.0 +3.5
OUSA O'Shares FTSE US Quality Dividend ETF 0.2 48 -8 5.4 +2.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 40 4.5 +1.1
VPL Vanguard FTSE Pacific ETF 0.2 8 32 6.5 +3.1
DEW WisdomTree Global High Dividend Fund 0.2 58 -18 8.3 +4.9
SPEM SPDR Portfolio Emerging Markets ETF 0.2 11 29 7.2 +3.8
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 -9 6.8 +3.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.2 30 10 7.2 +3.7
GBLO Global Beta Low Beta ETF 0.2 29 11 7.4 +3.9
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 0.1 9 31 6.7 +3.2
HDV iShares Core High Dividend ETF 0.1 8 32 6.1 +2.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -40 7.0 +3.6
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 24 7.0 +3.5
FNK First Trust Mid Cap Value AlphaDEX Fund 0.1 70 -30 7.5 +4.0
RECS Columbia Research Enhanced Core ETF 0.1 15 25 5.0 +1.5
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 15 6.7 +3.3
IPAC iShares Core MSCI Pacific ETF 0.1 9 31 6.3 +2.8
QUAL iShares MSCI Usa Quality Factor ETF 0.1 15 25 4.5 +1.1
SPHQ Invesco S&P 500 Quality ETF 0.1 15 25 4.8 +1.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.1 32 8 6.7 +3.2
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 -18 8.0 +4.6
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.1 16 24 7.7 +4.2
JPXN iShares JPX-Nikkei 400 ETF 0.1 48 -8 6.3 +2.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -30 6.3 +2.9
VWO Vanguard FTSE Emerging Markets ETF 0.1 10 30 7.5 +4.0
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 15 4.2 +0.8
SCHE Schwab Emerging Markets Equity ETF 0.1 11 29 7.5 +4.1
BBJP JPMorgan BetaBuilders Japan ETF 0.1 19 21 6.5 +3.1
SCJ iShares MSCI Japan Small-Cap ETF 0.1 51 -11 5.8 +2.4
HEWJ iShares Currency Hedged MSCI Japan ETF 0.1 51 -11 6.4 +2.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -35 3.1 -0.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -26 6.6 +3.2
PXH Invesco FTSE RAFI Emerging Markets ETF 0.1 50 -10 12.8 +9.4
EEM iShares MSCI Emerging Markets ETF 0.1 70 -30 6.7 +3.2
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 21 6.9 +3.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 21 5.3 +1.8
LDEM iShares ESG MSCI EM Leaders ETF 0.1 16 24 6.9 +3.4
IEMG iShares Core MSCI Emerging Markets ETF 0.1 11 29 7.2 +3.7
VYM Vanguard High Dividend Yield Index ETF 0.1 6 34 6.7 +3.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 4 7.3 +3.8
VALQ American Century STOXX U.S. Quality Value ETF 0.1 29 11 6.7 +3.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 49 -9 8.4 +4.9
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 25 6.0 +2.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 -5 7.7 +4.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.1 20 20 6.5 +3.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -30 5.8 +2.3
DIVB iShares U.S. Dividend & Buyback ETF 0.1 25 15 5.7 +2.3
USMV iShares Edge MSCI Min Vol USA ETF 0.1 15 25 4.8 +1.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.1 21 19 2.9 -0.5
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.1 35 5 12.0 +8.6
HJPX iShares Currency Hedged JPX-Nikkei 400 ETF 0.1 48 -8 6.4 +3.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 10 5.1 +1.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -25 5.5 +2.0
IPKW Invesco International BuyBack Achievers ETF 0.1 55 -15 6.4 +2.9
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.1 70 -30 6.6 +3.2
IWX iShares Russell Top 200 Value ETF 0.1 20 20 5.9 +2.5
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 29 7.3 +3.8
RNDV US Equity Dividend Select ETF 0.0 50 -10 6.6 +3.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 8 6.0 +2.6
IVLU iShares Edge MSCI Intl Value Factor ETF 0.0 30 10 9.4 +6.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.0 70 -30 7.5 +4.1
NULV Nuveen ESG Large-Cap Value ETF 0.0 35 5 6.0 +2.6
VGT Vanguard Information Technology Index Fund 0.0 10 30 3.9 +0.4
FTEC Fidelity MSCI Information Technology Index ETF 0.0 8 32 3.9 +0.5
IGM iShares Expanded Tech Sector ETF 0.0 46 -6 3.3 -0.2
STLV iShares Factors US Value Style ETF 0.0 25 15 6.7 +3.3
ROAM Hartford Multifactor Emerging Markets ETF 0.0 44 -4 10.2 +6.8

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%.

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RESULTS & ESTIMATES

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Ecofin Global Water ESG Fund
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 14.1 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 3.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.70 CATEGORY
AVERAGE		 1.46
 
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.