Themes European Luxury ETF
ALTAR
Score™		 3.9% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 33.3x P/Sales
ratio		 1.3x
P/BV
ratio		 2.2x Div.
yield		 2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FINE tracks an index comprised of companies in Developed Europe that offer luxury goods and services. The index selects and weights holdings towards those companies with most business exposure related to the investment theme.

FUND BASICS
Category Global Equities
Fund Sponsor
Website themesetfs.com/etfs/FINE/
Inception date Dec 15, 2023
Assets (mns) $1
Currency USD
Expense ratio 35 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 23
Wgt avg mkt cap (mns) $39,638
Large cap (>$10bn) 44.2%
Mid cap ($2-10bn) 30.8%
Small cap (<$2bn) 20.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
KERING-UNSPONSORED ADR 4.8 %
CAPRI HOLDINGS LIMITED 4.4 %
INTERCONTINENTAL HOTELS GROUP PLC 4.3 %
PORSCHE AUTOMOBIL HLDG-PFD 4.3 %
DOUGLAS AG 4.3 %
SWATCH GROUP LTD. BEARER 4.3 %
MONCLER SPA 4.2 %
LVMH MOET HENNESSY LOUIS VUI 4.2 %
HUGO BOSS AG -ORD 4.2 %
PUIG BRANDS SA-B 4.1 %
Total 43.1 %

TOP COUNTRY EXPOSURE
BRITAIN 24.1 %
ITALY 23.2 %
FRANCE 19.8 %
SWITZERLAND 12.0 %
GERMANY 8.5 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.3% 1.1% -- -- -5.9%

Market Correlations
versus... Beta R-squared
S&P500 1.11 39%
MSCI EAFE 0.32 4%
MSCI Emg. Mkts. 0.11 0%

Technical Indicators
Recent close $22.00
30d moving avg. $21.76
Annualized volatility 21.2%
Short interest (ETF) 0.6%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 1
Turnover 3.3%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $573

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 266 potential alternatives to the Themes European Luxury ETF ETF based on the alternatives' overlap in portfolio holdings with FINE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FINE Expense: 35 bp ALTAR Score™: 3.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FINE
Ticker Fund
Name		 Overlap1
vs FINE
(%)		 Expense
ratio
(bp)		 Savings
vs FINE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FINE
(%)
EWQ iShares MSCI France ETF 8.4 53 -18 6.8 +2.9
RXI iShares Global Consumer Discretionary ETF 7.9 41 -6 8.3 +4.4
EWI iShares MSCI Italy ETF 7.1 50 -15 10.7 +6.8
FEZ SPDR EURO STOXX 50 ETF 6.8 29 6 6.4 +2.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 6.4 58 -23 6.5 +2.7
HEDJ WisdomTree Europe Hedged Equity Fund 6.0 58 -23 6.4 +2.6
JIG JPMorgan International Growth ETF 5.7 55 -20 4.7 +0.9
IDHQ Invesco S&P International Developed High Quality ETF 5.2 29 6 6.4 +2.6
FEOE First Eagle Overseas Equity ETF 5.1 79 -44 7.0 +3.2
EZU iShares MSCI Eurozone ETF 5.0 52 -17 6.4 +2.5
EFG iShares MSCI EAFE Growth ETF 4.9 36 -1 4.3 +0.4
EWL iShares MSCI Switzerland ETF 4.5 50 -15 6.1 +2.3
IQLT iShares MSCI Intl Quality Factor ETF 4.5 30 5 6.2 +2.3
FLSW Franklin FTSE Switzerland ETF 4.4 9 26 6.2 +2.3
FSZ First Trust Switzerland AlphaDEX Fund 4.2 80 -45 6.4 +2.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 4.2 45 -10 6.7 +2.8
IEV iShares Europe ETF 3.9 67 -32 6.5 +2.6
AGQI First Trust Active Global Quality Income ETF 3.7 85 -50 4.5 +0.7
IDRV iShares Self-driving EV & Tech ETF 3.5 47 -12 1.3 -2.5
VGK Vanguard FTSE Europe ETF 3.5 6 29 7.2 +3.4
IEUR iShares Core MSCI Europe ETF 3.5 11 24 7.0 +3.2
SPEU SPDR Portfolio Europe ETF 3.4 7 28 7.1 +3.2
DIHP Dimensional International High Profitability ETF 3.4 29 6 6.6 +2.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 3.4 58 -23 6.4 +2.5
IQDG WisdomTree International Quality Dividend Growth Fund 3.3 42 -7 6.5 +2.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 3.3 46 -11 6.5 +2.6
NBCC Neuberger Berman Next Generation Connected Consumer ETF 3.2 56 -21 2.8 -1.0
FEGE First Eagle Global Equity ETF 3.2 79 -44 6.5 +2.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.2 42 -7 6.3 +2.5
CBSE Clough Select Equity ETF 3.2 85 -50 0.8 -3.1
BKCI BNY Mellon Concentrated International ETF 3.2 80 -45 5.1 +1.2
AKRE Akre Focus ETF 3.1 106 -71 0.0 -3.9
BBEU JPMorgan BetaBuilders Europe ETF 3.1 9 26 7.0 +3.1
FLEE Franklin FTSE Europe ETF 3.1 9 26 7.0 +3.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 3.0 35 0 6.2 +2.4
ITOL Tema International Durable Quality ETF 3.0 60 -25 5.7 +1.9
JIRE JPMorgan International Research Enhanced Equity ETF 2.9 24 11 6.8 +3.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.8 14 21 5.9 +2.1
ICPY Tweedy, Browne International Insider Value ETF 2.8 80 -45 0.0 -3.9
UMMA Wahed Dow Jones Islamic World ETF 2.8 65 -30 4.8 +0.9
IPOS Renaissance International IPO ETF 2.7 80 -45 2.5 -1.4
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 2.6 20 15 6.2 +2.4
CGGO Capital Group Global Growth Equity ETF 2.6 47 -12 4.2 +0.3
BINV Brandes International ETF 2.5 70 -35 9.1 +5.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 2.5 25 10 7.0 +3.2
OSEA Harbor International Compounders ETF 2.5 55 -20 4.8 +1.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.5 30 5 6.9 +3.0
EFA iShares MSCI EAFE ETF 2.4 35 0 6.4 +2.5
STXI Strive International Developed Markets ETF 2.4 29 6 6.3 +2.5
JGLO JPMorgan Global Select Equity ETF 2.4 33 2 5.0 +1.1
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.3 65 -30 4.6 +0.8
RFEU First Trust Riverfront Dynamic Europe ETF 2.2 83 -48 10.0 +6.1
DIVI Franklin International Core Dividend Tilt Index ETF 2.2 9 26 7.6 +3.7
IEFA iShares Core MSCI EAFE ETF 2.2 7 28 6.7 +2.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.2 36 -1 6.3 +2.4
DOL WisdomTree International LargeCap Dividend Fund 2.1 48 -13 6.8 +3.0
HFXI IQ FTSE International Equity Currency Neutral ETF 2.1 20 15 6.5 +2.7
COPY Tweedy, Browne Insider + Value ETF 2.1 80 -45 11.7 +7.9
GSID Goldman Sachs MarketBeta International Equity ETF 2.0 20 15 6.5 +2.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 2.0 12 23 5.8 +2.0
TTAI FCF International Quality ETF 2.0 59 -24 7.3 +3.4
IDEV iShares Core MSCI International Developed Markets ETF 1.9 4 31 6.7 +2.8
EWUS iShares MSCI United Kingdom Small Cap ETF 1.9 59 -24 7.5 +3.6
CGIE Capital Group International Equity ETF 1.9 54 -19 4.9 +1.0
DFSI Dimensional International Sustainability Core 1 ETF 1.9 24 11 6.1 +2.3
VEA Vanguard FTSE Developed Markets ETF 1.8 3 32 6.8 +3.0
BKIE BNY Mellon International Equity ETF 1.8 4 31 6.6 +2.8
SPDW SPDR Portfolio Developed World ex-US ETF 1.8 3 32 6.6 +2.8
FPAG FPA Global Equity ETF 1.8 49 -14 5.7 +1.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.8 20 15 6.1 +2.2
DSTX Distillate International Fundamental Stability & Value ETF 1.7 55 -20 7.5 +3.7
JHID John Hancock International High Dividend ETF 1.7 46 -11 8.6 +4.7
DFAI Dimensional International Core Equity Market ETF 1.7 18 17 6.8 +2.9
QINT American Century Quality Diversified International ETF 1.7 39 -4 6.7 +2.9
ESGD iShares ESG Aware MSCI EAFE ETF 1.6 20 15 6.5 +2.6
AVSD Avantis Responsible International Equity ETF 1.6 23 12 5.0 +1.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.6 25 10 6.8 +3.0
CWI SPDR MSCI ACWI ex-US ETF 1.6 30 5 7.5 +3.6
DWM WisdomTree International Equity Fund 1.6 48 -13 7.0 +3.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.6 40 -5 7.0 +3.2
RFDI First Trust Riverfront Dynamic Developed International ETF 1.5 83 -48 8.9 +5.0
DMXF iShares ESG Advanced MSCI EAFE ETF 1.5 12 23 5.3 +1.4
SCHF Schwab International Equity ETF 1.5 6 29 6.8 +3.0
ACWX iShares MSCI ACWI ex U.S. ETF 1.5 34 1 7.3 +3.4
JHMD John Hancock Multifactor Developed International ETF 1.5 39 -4 7.2 +3.3
VEU Vanguard FTSE All-World ex-US Index Fund 1.4 4 31 7.7 +3.8
AVDE Avantis International Equity ETF 1.4 23 12 7.0 +3.2
INTF iShares International Equity Factor ETF 1.4 15 20 7.3 +3.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.4 41 -6 7.1 +3.2
VXUS Vanguard Total International Stock ETF 1.3 5 30 7.6 +3.7
IXUS iShares Core MSCI Total International Stock ETF 1.3 7 28 7.5 +3.6
FENI Fidelity Enhanced International ETF 1.3 28 7 6.1 +2.3
BWEB Bitwise Web3 ETF 1.3 85 -50 0.0 -3.9
KNO AXS Knowledge Leaders ETF 1.3 78 -43 5.7 +1.9
CGV Conductor Global Equity Value ETF 1.3 130 -95 7.8 +4.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.3 18 17 7.2 +3.4
CIL VictoryShares International Volatility Wtd ETF 1.2 45 -10 6.3 +2.4
FIVA Fidelity International Value Factor ETF 1.2 18 17 9.1 +5.3
IMFL Invesco International Developed Dynamic Multifactor ETF 1.2 34 1 5.6 +1.7
DFIC Dimensional International Core Equity 2 ETF 1.1 23 12 7.1 +3.2
CGXU Capital Group International Focus Equity ETF 1.1 54 -19 5.5 +1.6
MOTG VanEck Morningstar Global Wide Moat ETF 1.1 52 -17 8.9 +5.0
DXIV Dimensional International Vector Equity ETF 1.1 34 1 7.4 +3.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.0 39 -4 7.5 +3.7
AVIV Avantis International Large Cap Value ETF 1.0 25 10 8.2 +4.3
HART IQ Healthy Hearts ETF 1.0 45 -10 6.4 +2.6
RCGE RockCreek Global Equality ETF 1.0 95 -60 6.6 +2.8
IEUS iShares MSCI Europe Small-Cap ETF 1.0 42 -7 7.3 +3.5
TPIF Timothy Plan International ETF 1.0 62 -27 6.0 +2.1
IQSI IQ Candriam International Equity ETF 0.9 15 20 6.2 +2.3
NIXT Research Affiliates Deletions ETF 0.9 9 26 8.2 +4.3
DISV Dimensional International Small Cap Value ETF 0.9 42 -7 8.7 +4.9
DFIS Dimensional International Small Cap ETF 0.9 39 -4 7.0 +3.1
DFIV Dimensional International Value ETF 0.9 27 8 8.8 +5.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.9 42 -7 5.3 +1.4
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -21 10.2 +6.4
FLGB Franklin FTSE United Kingdom ETF 0.9 9 26 7.2 +3.4
RFV Invesco S&P Midcap 400 Pure Value ETF 0.9 35 0 13.0 +9.2
APIE ActivePassive International Equity ETF 0.8 45 -10 7.1 +3.3
DGT State Street SPDR Global Dow ETF 0.8 50 -15 6.6 +2.7
FKU First Trust United Kingdom AlphaDEX Fund 0.8 80 -45 7.6 +3.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.8 58 -23 8.6 +4.8
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -40 4.9 +1.0
IDV iShares International Select Dividend ETF 0.8 51 -16 9.9 +6.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.8 45 -10 8.3 +4.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 5 7.5 +3.6
WWJD Inspire International ETF 0.8 80 -45 7.0 +3.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.8 60 -25 6.6 +2.8
GLBL Pacer MSCI World Industry Advantage ETF 0.8 65 -30 4.1 +0.3
VSGX Vanguard ESG International Stock ETF 0.7 10 25 7.5 +3.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 15 5.5 +1.6
CGDG Capital Group Dividend Growers ETF 0.7 47 -12 6.0 +2.1
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -45 7.7 +3.8
FLHK Franklin FTSE Hong Kong ETF 0.7 9 26 4.3 +0.5
EWU iShares MSCI United Kingdom ETF 0.7 50 -15 7.8 +3.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.6 25 10 8.9 +5.1
IQDF FlexShares International Quality Dividend Index Fund 0.6 47 -12 8.4 +4.5
CGUS Capital Group Core Equity ETF 0.6 33 2 4.4 +0.5
TOK iShares MSCI Kokusai ETF 0.6 26 9 5.0 +1.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 -4 6.3 +2.4
GEW Cambria Global EW ETF 0.6 29 6 0.0 -3.9
FFND Future Fund Active ETF 0.6 100 -65 3.8 -0.1
KLMT Invesco MSCI Global Climate 500 ETF 0.6 10 25 5.6 +1.7
URTH iShares MSCI World ETF 0.6 24 11 5.0 +1.1
ISCF iShares International SmallCap Equity Factor ETF 0.6 23 12 8.0 +4.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 26 5.1 +1.2
UIVM VictoryShares International Value Momentum ETF 0.6 35 0 8.2 +4.4
DTAN Sparkline International Intangible Value ETF 0.6 55 -20 8.0 +4.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.6 22 13 5.9 +2.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 26 5.6 +1.7
CGGR Capital Group Growth ETF 0.5 39 -4 3.4 -0.5
ACWI iShares MSCI ACWI ETF 0.5 32 3 5.4 +1.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.5 47 -12 7.8 +4.0
FEP First Trust Europe AlphaDEX Fund 0.5 80 -45 8.0 +4.2
IOO iShares Global 100 ETF 0.5 41 -6 4.5 +0.6
AVDV Avantis International Small Cap Value ETF 0.5 36 -1 8.8 +4.9
VT Vanguard Total World Stock ETF 0.5 6 29 5.7 +1.8
MILN Global X Millennial Consumer ETF 0.5 50 -15 4.2 +0.4
CZAR Themes Natural Monopoly ETF 0.5 35 0 5.6 +1.8
QWLD SPDR MSCI World StrategicFactors ETF 0.5 30 5 5.8 +2.0
FIDI Fidelity International High Dividend ETF 0.4 18 17 8.1 +4.2
PPIE Putnam PanAgora ESG International Equity ETF 0.4 49 -14 7.0 +3.2
AVDS Avantis International Small Cap Equity ETF 0.4 30 5 6.9 +3.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 -5 6.8 +3.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 11 7.2 +3.3
BLES Inspire Global Hope ETF 0.4 61 -26 6.8 +3.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 23 5.1 +1.3
DIM WisdomTree International MidCap Dividend Fund 0.4 58 -23 7.1 +3.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 -2 7.8 +3.9
OCEN IQ Clean Oceans ETF 0.4 45 -10 5.1 +1.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 -4 5.7 +1.8
DWMF WisdomTree International Multifactor Fund 0.4 38 -3 6.9 +3.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -14 6.8 +3.0
EWG iShares MSCI Germany ETF 0.4 50 -15 6.3 +2.4
DAX Global X DAX Germany ETF 0.3 21 14 6.7 +2.8
WLDR Affinity World Leaders Equity ETF 0.3 67 -32 7.2 +3.3
LVHI Franklin International Low Volatility High Dividend Index ET 0.3 40 -5 9.5 +5.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.3 32 3 5.9 +2.1
SIXL ETC 6 Meridian Low Beta Equity ETF 0.3 80 -45 6.2 +2.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 11 7.5 +3.7
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 5 9.5 +5.7
SCHC Schwab International Small-Cap Equity ETF 0.2 11 24 7.5 +3.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.2 9 26 8.7 +4.8
IWN iShares Russell 2000 Value ETF 0.2 24 11 7.6 +3.7
VTWV Vanguard Russell 2000 Value ETF 0.2 10 25 7.7 +3.8
IJJ iShares S&P Mid-Cap 400 Value ETF 0.2 18 17 8.6 +4.8
GINN Goldman Sachs Innovate Equity ETF 0.2 52 -17 3.7 -0.2
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.2 15 20 8.7 +4.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 10 25 8.8 +4.9
VFVA Vanguard U.S. Value Factor ETF 0.2 13 22 10.7 +6.8
FDEV Fidelity International Multifactor ETF 0.2 18 17 7.4 +3.5
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 -4 9.7 +5.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 26 4.0 +0.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 27 7.2 +3.4
NUDM Nuveen ESG International Developed Markets Equity ETF 0.2 31 4 5.9 +2.1
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -24 2.9 -0.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 10 5.9 +2.0
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 31 5.8 +1.9
STXK Strive Small-Cap ETF 0.1 18 17 6.0 +2.1
GWX SPDR S&P International Small Cap ETF 0.1 40 -5 6.7 +2.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.1 15 20 8.0 +4.1
IWM iShares Russell 2000 ETF 0.1 19 16 4.1 +0.3
VTWO Vanguard Russell 2000 ETF 0.1 7 28 4.2 +0.4
RSSL Global X Russell 2000 ETF 0.1 8 27 4.1 +0.2
XJH iShares ESG Screened S&P Mid-Cap ETF 0.1 12 23 7.2 +3.4
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 29 9.2 +5.4
EFV iShares MSCI EAFE Value ETF 0.1 34 1 8.5 +4.7
VIDI Vident International Equity Strategy ETF 0.1 61 -26 10.4 +6.5
IJH iShares Core S&P Mid-Cap ETF 0.1 5 30 7.3 +3.4
MDY SPDR S&P Midcap 400 ETF Trust 0.1 24 11 7.1 +3.2
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.1 3 32 7.3 +3.4
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 7 28 7.3 +3.4
VCR Vanguard Consumer Discretionary ETF 0.1 9 26 4.7 +0.9
PATN Pacer Nasdaq International Patent Leaders ETF 0.1 65 -30 5.4 +1.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 18 5.9 +2.0
SCHA Schwab U.S. Small-Cap ETF 0.1 4 31 6.2 +2.4
VBR Vanguard Small Cap Value ETF 0.1 7 28 9.1 +5.2
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 27 4.5 +0.6
IEDI iShares U.S. Consumer Focused ETF 0.1 18 17 5.8 +1.9
ISCB iShares Morningstar Small-Cap ETF 0.1 4 31 6.2 +2.3
DFAS Dimensional U.S. Small Cap ETF 0.0 26 9 6.6 +2.8
IWO iShares Russell 2000 Growth ETF 0.0 24 11 0.8 -3.0
VTWG Vanguard Russell 2000 Growth ETF 0.0 10 25 1.0 -2.9
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 7 9.9 +6.0
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 10 7.2 +3.3
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 20 5.8 +2.0
VB Vanguard Small-Cap ETF 0.0 5 30 6.1 +2.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 10 7.3 +3.4
DXUV Dimensional US Vector Equity ETF 0.0 28 7 6.1 +2.3
VXF Vanguard Extended Market ETF 0.0 5 30 4.7 +0.9
VYMI Vanguard International High Dividend Yield ETF 0.0 17 18 9.0 +5.2
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.0 35 0 7.0 +3.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 -4 5.7 +1.9
REVS Columbia Research Enhanced Value ETF 0.0 19 16 7.7 +3.9
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 16 8.4 +4.5
VPL Vanguard FTSE Pacific ETF 0.0 7 28 6.3 +2.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -4 6.7 +2.8
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 23 7.4 +3.5
GLOF iShares Global Equity Factor ETF 0.0 20 15 6.6 +2.8
DFSV Dimensional US Small Cap Value ETF 0.0 31 4 10.3 +6.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 10 5.5 +1.6
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 17 5.3 +1.4
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 20 6.0 +2.1
AVUS Avantis U.S. Equity ETF 0.0 15 20 5.7 +1.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 20 4.6 +0.7
JVAL JPMorgan U.S. Value Factor ETF 0.0 12 23 7.9 +4.0
RECS Columbia Research Enhanced Core ETF 0.0 15 20 5.7 +1.9
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 23 6.5 +2.6
IUSV iShares Core S&P US Value ETF 0.0 4 31 6.4 +2.5
DSI iShares MSCI KLD 400 Social ETF 0.0 25 10 4.8 +1.0
SCHB Schwab U.S. Broad Market ETF 0.0 3 32 5.0 +1.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 32 4.8 +1.0
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 32 5.1 +1.2
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 26 4.7 +0.9
VTHR Vanguard Russell 3000 ETF 0.0 7 28 4.8 +1.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 -4 4.2 +0.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 18 5.5 +1.6
DFAU Dimensional US Core Equity Market ETF 0.0 12 23 5.0 +1.2
IWV iShares Russell 3000 ETF 0.0 20 15 4.7 +0.9
VTI Vanguard Total Stock Market ETF 0.0 3 32 4.8 +1.0
DCOR Dimensional US Core Equity 1 ETF 0.0 14 21 5.4 +1.5
DFUS Dimensional U.S. Equity ETF 0.0 9 26 4.8 +0.9
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 23 4.0 +0.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 24 4.9 +1.0
AVUQ Avantis U.S. Quality ETF 0.0 15 20 4.4 +0.6
EBI Longview Advantage ETF 0.0 35 0 6.6 +2.8

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

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Themes European Luxury 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 9.0 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 3.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.72 CATEGORY
AVERAGE		 1.58
 
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.